JPMorgan Ultra-Short Municipal ETF $JMST Stock Acquired by LiftPoint Family Wealth Advisors LLC

LiftPoint Family Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 181.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,374 shares of the company’s stock after purchasing an additional 16,349 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 0.9% of LiftPoint Family Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. LiftPoint Family Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JMST. Phoenix Wealth Advisors raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 22.4% during the third quarter. Phoenix Wealth Advisors now owns 319,701 shares of the company’s stock valued at $16,164,000 after buying an additional 58,607 shares during the last quarter. Syverson Strege & Co boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.3% during the third quarter. Syverson Strege & Co now owns 57,965 shares of the company’s stock worth $2,931,000 after buying an additional 4,954 shares during the period. Birchwood Financial Partners Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 216.1% in the 3rd quarter. Birchwood Financial Partners Inc. now owns 9,352 shares of the company’s stock worth $473,000 after buying an additional 6,393 shares in the last quarter. Horizon Wealth Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $2,419,000. Finally, Kestra Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 289.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 196,169 shares of the company’s stock worth $9,918,000 after buying an additional 145,833 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

JMST traded up $0.01 during trading hours on Friday, hitting $50.93. The company’s stock had a trading volume of 1,758,534 shares, compared to its average volume of 1,347,186. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.46 and a fifty-two week high of $51.13. The company has a 50-day simple moving average of $50.76 and a 200 day simple moving average of $50.91.

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.