Optima Capital LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Optima Capital LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,659 shares of the company’s stock, valued at approximately $539,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. HB Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after purchasing an additional 716,311 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $21,870,000. Gradient Investments LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $20,465,000. Resonant Capital Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 20.1% in the 1st 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 period. Finally, Bank of America Corp DE increased its position in JPMorgan Ultra-Short Municipal ETF by 5.8% in the 1st 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 period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.96 on Monday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.46 and a 12 month high of $51.13. The stock has a 50 day moving average of $50.77 and a 200-day moving average of $50.91.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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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