Insight Advisors LLC PA Trims Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Insight Advisors LLC PA reduced its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 78.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 32,443 shares of the company’s stock after selling 115,161 shares during the quarter. Insight Advisors LLC PA’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,654,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $36,000. US Bancorp DE lifted its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after purchasing an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $71,000. MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $80,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $83,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

Shares of BATS JMST opened at $50.89 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.83 and a twelve month high of $51.13. The stock has a fifty day simple moving average of $50.92 and a 200-day simple moving average of $50.97.

About JPMorgan Ultra-Short Municipal ETF

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.