John A. Wolfe & Associates Inc. Buys New Shares in JPMorgan Ultra-Short Municipal ETF $JMST

John A. Wolfe & Associates Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 33,012 shares of the company’s stock, valued at approximately $1,669,000. JPMorgan Ultra-Short Municipal ETF comprises about 2.2% of John A. Wolfe & Associates Inc.’s portfolio, making the stock its 11th largest holding.

A number of other large investors also recently made changes to their positions in JMST. Commonwealth Financial Services LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% during the 1st quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock worth $756,000 after purchasing an additional 299 shares during the period. USAdvisors Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.1% in the third quarter. USAdvisors Wealth Management LLC now owns 29,657 shares of the company’s stock valued at $1,499,000 after purchasing an additional 310 shares during the period. IFP Advisors Inc grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the second quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock valued at $3,304,000 after purchasing an additional 362 shares during the period. Quadcap Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 2.7% during the first quarter. Quadcap Wealth Management LLC now owns 15,703 shares of the company’s stock worth $801,000 after buying an additional 420 shares during the period. Finally, Private Wealth Group LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 7.7% during the second quarter. Private Wealth Group LLC now owns 5,972 shares of the company’s stock worth $305,000 after buying an additional 428 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of NYSEARCA:JMST opened at $50.86 on Friday. The stock’s 50-day moving average price is $50.76 and its two-hundred day moving average price is $50.90. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.46 and a 12-month 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.