Resonant Capital Advisors LLC Purchases 11,620 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Resonant Capital Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,432,023 shares of the company’s stock after acquiring an additional 11,620 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up approximately 4.0% of Resonant Capital Advisors LLC’s holdings, making the stock its 2nd biggest holding. Resonant Capital Advisors LLC owned approximately 1.79% of JPMorgan Ultra-Short Municipal ETF worth $73,068,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 173.7% during the third quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock worth $88,458,000 after purchasing an additional 1,099,860 shares during the period. Sage Mountain Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $30,055,000. Bank of America Corp DE raised its stake in JPMorgan Ultra-Short Municipal ETF by 13.8% during the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after purchasing an additional 460,157 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 36.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,070,471 shares of the company’s stock worth $54,514,000 after purchasing an additional 287,650 shares during the period. Finally, Raymond James Financial Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 26.9% during the third quarter. Raymond James Financial Inc. now owns 906,585 shares of the company’s stock worth $46,272,000 after purchasing an additional 192,119 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

BATS:JMST opened at $50.95 on Friday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.65 and a fifty-two week high of $51.13. The firm’s 50 day moving average is $50.99 and its two-hundred day moving average is $50.98.

JPMorgan Ultra-Short Municipal ETF 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.