JPMorgan Ultra-Short Municipal ETF $JMST Stock: Opal Wealth Advisors LLC Boosts Holdings

Opal Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 235,409 shares of the company’s stock after buying an additional 10,559 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 2.5% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Opal Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,902,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 1st quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after buying an additional 225 shares during the last quarter. Narus Financial Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock worth $1,783,000 after acquiring an additional 240 shares in the last quarter. Strategic Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock worth $1,493,000 after acquiring an additional 295 shares in the last quarter. Commonwealth Financial Services LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% in the 1st quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock valued at $756,000 after acquiring an additional 299 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the 2nd quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock valued at $3,304,000 after acquiring an additional 362 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock traded down $0.01 during mid-day trading on Friday, reaching $50.73. The company’s stock had a trading volume of 2,971,223 shares, compared to its average volume of 1,315,234. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.46 and a twelve month high of $51.13. The business has a 50 day moving average price of $50.77 and a 200-day moving average price of $50.86.

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.