Quotient Wealth Partners LLC Sells 17,259 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Quotient Wealth Partners LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,283 shares of the company’s stock after selling 17,259 shares during the quarter. Quotient Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $7,305,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Sage Mountain Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $30,055,000. Corient Private Wealth LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 139.9% in the fourth quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after purchasing an additional 520,911 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd 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. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after purchasing an additional 444,793 shares during the period. Finally, WCG Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 262.3% during the 4th quarter. WCG Wealth Advisors LLC now owns 493,050 shares of the company’s stock worth $25,116,000 after purchasing an additional 356,972 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 and a twelve month high of $51.13. The stock has a fifty day simple moving average of $50.92 and a two-hundred day simple moving average of $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.