Klingman & Associates LLC Increases Position in JPMorgan Ultra-Short Municipal ETF $JMST

Klingman & Associates LLC lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 37.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 47,429 shares of the company’s stock after purchasing an additional 13,008 shares during the quarter. Klingman & Associates LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,416,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Dakota Wealth Management grew its stake in JPMorgan Ultra-Short Municipal ETF by 1.5% during the third quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock valued at $705,000 after acquiring an additional 200 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.2% during the fourth quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock valued at $313,000 after acquiring an additional 245 shares in the last quarter. Total Clarity Wealth Management Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.7% during the third quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after acquiring an additional 264 shares in the last quarter. IFG Advisory LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.0% during the third quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock valued at $467,000 after acquiring an additional 267 shares in the last quarter. Finally, Equitable Holdings Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% during the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock valued at $1,443,000 after acquiring an additional 285 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

JMST opened at $50.95 on Friday. The company has a fifty day moving average of $50.99 and a 200 day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.65 and a fifty-two week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Company Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.