Keudell Morrison Wealth Management Purchases Shares of 27,304 JPMorgan Ultra-Short Municipal ETF $JMST

Keudell Morrison Wealth Management purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 27,304 shares of the company’s stock, valued at approximately $1,391,000.

A number of other hedge funds also recently modified their holdings of the stock. Dakota Wealth Management lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.5% during the 3rd quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock worth $705,000 after buying an additional 200 shares during the last quarter. Cahaba Wealth Management Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 4.2% in the 4th quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock valued at $313,000 after acquiring an additional 245 shares during the period. Total Clarity Wealth Management Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 3.7% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after acquiring an additional 264 shares during the period. IFG Advisory LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.0% during the third quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock worth $467,000 after acquiring an additional 267 shares during the period. Finally, Equitable Holdings Inc. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock worth $1,443,000 after acquiring an additional 285 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.86 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.71 and a 12-month high of $51.13. The business has a 50 day moving average of $50.94 and a 200-day moving average of $50.98.

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.