Tenet Wealth Partners LLC Buys New Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Tenet Wealth Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 15,561 shares of the company’s stock, valued at approximately $792,000.

A number of other institutional investors have also recently bought and sold shares of JMST. Root Financial Partners LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the first quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock valued at $2,005,000 after buying an additional 225 shares during the last quarter. Narus Financial Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock worth $1,783,000 after acquiring an additional 240 shares during the last quarter. Schwallier Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% during the 4th quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after acquiring an additional 278 shares during the last quarter. Equitable Holdings Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the 3rd 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 last quarter. Finally, Strategic Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after acquiring an additional 295 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.83 on Friday. The stock’s fifty day simple moving average is $50.90 and its 200 day simple moving average is $50.94. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.79 and a 1-year high of $51.13.

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.