Goelzer Investment Management Inc. Purchases 31,625 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Goelzer Investment Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the third quarter, Holdings Channel reports. The fund acquired 31,625 shares of the company’s stock, valued at approximately $1,599,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Centerline Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 44.1% in the 3rd quarter. Centerline Wealth Advisors LLC now owns 6,477 shares of the company’s stock worth $327,000 after purchasing an additional 1,983 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $880,000. Cherry Tree Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 101.1% during the third quarter. Cherry Tree Wealth Management LLC now owns 1,778 shares of the company’s stock worth $90,000 after purchasing an additional 894 shares during the last quarter. ZWJ Investment Counsel Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $1,743,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $21,870,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0%

Shares of JMST stock opened at $50.73 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.46 and a one year high of $51.13. The company’s 50-day simple moving average is $50.77 and its 200-day simple moving average is $50.86.

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.