Osaic Holdings Inc. Boosts Holdings in JPMorgan Ultra-Short Municipal ETF $JMST
by Teresa Graham · The Cerbat GemOsaic Holdings Inc. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 9.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 599,943 shares of the company’s stock after purchasing an additional 53,373 shares during the quarter. Osaic Holdings Inc. owned approximately 0.75% of JPMorgan Ultra-Short Municipal ETF worth $30,550,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after buying an additional 414 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter worth approximately $26,000. Park Place Capital Corp purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $41,000. Atlantic Union Bankshares Corp acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $42,000. Finally, Briaud Financial Planning Inc purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $45,000.
JPMorgan Ultra-Short Municipal ETF Stock Up 0.3%
Shares of BATS:JMST opened at $50.94 on Wednesday. The business has a fifty day simple moving average of $50.93 and a 200-day simple moving average of $50.89. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98.
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.
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