Aspen Wealth Management LLC Buys 24,924 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Aspen Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 12.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,543 shares of the company’s stock after purchasing an additional 24,924 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up about 1.8% of Aspen Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Aspen Wealth Management LLC owned approximately 0.14% of JPMorgan Ultra-Short Municipal ETF worth $11,151,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $36,000. Cherry Tree Wealth Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $45,000. Birchwood Financial Partners Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $150,000. NBH Bank bought a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $166,000. Finally, Cypress Capital Group acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $204,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

Shares of NYSEARCA JMST traded up $0.03 during midday trading on Wednesday, hitting $50.69. The stock had a trading volume of 552,019 shares, compared to its average volume of 1,296,385. The company’s 50-day simple moving average is $50.78 and its 200 day simple moving average is $50.87. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.46 and a fifty-two week 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.