Graves Light Lenhart Wealth Inc. Grows Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Graves Light Lenhart Wealth Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,809 shares of the company’s stock after purchasing an additional 1,219 shares during the quarter. Graves Light Lenhart Wealth Inc. owned 0.10% of JPMorgan Ultra-Short Municipal ETF worth $2,729,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of JMST. GAMMA Investing LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 22.7% during the 4th quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock worth $874,000 after purchasing an additional 3,192 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock worth $6,287,000 after buying an additional 121,800 shares during the last quarter. Private Advisor Group LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after acquiring an additional 1,434 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 8.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after acquiring an additional 70,821 shares during the last quarter. Finally, Choreo LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $225,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.74 on Tuesday. The stock has a 50 day simple moving average of $50.79 and a two-hundred day simple moving average of $50.81.

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.