Summit Place Financial Advisors LLC Acquires 25,255 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Summit Place Financial Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 126.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,150 shares of the company’s stock after buying an additional 25,255 shares during the period. Summit Place Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,300,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of JMST. HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 173.7% in the 3rd quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock worth $88,458,000 after buying an additional 1,099,860 shares during the period. Sage Mountain Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $30,055,000. Bank of America Corp DE boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% in the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after buying an additional 460,157 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 36.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,070,471 shares of the company’s stock worth $54,514,000 after buying an additional 287,650 shares during the period. Finally, Simon Quick Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $10,480,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.98 on Friday. The firm has a fifty day moving average price of $50.98 and a two-hundred day moving average price of $50.99. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.65 and a one year high of $51.13.

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.