JPMorgan Ultra-Short Municipal ETF $JMST Shares Newly Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 156,652 shares of the company’s stock, valued at approximately $7,920,000.

A number of other large investors also recently added to or reduced their stakes in JMST. HB Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after purchasing an additional 716,311 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 139.9% during the 4th quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after buying an additional 520,911 shares during the period. Gradient Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $20,465,000. Resonant Capital Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 20.1% during the first quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after buying an additional 287,225 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% during the first quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock worth $213,332,000 after buying an additional 227,838 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

NYSEARCA JMST traded up $0.02 during trading hours on Tuesday, hitting $50.66. The company’s stock had a trading volume of 1,994,328 shares, compared to its average volume of 1,301,091. The stock has a fifty day moving average of $50.78 and a 200 day moving average of $50.87. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.46 and a twelve month high of $51.13.

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.