Hartford Financial Management Inc. Makes New $528,000 Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Hartford Financial Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the 3rd quarter, HoldingsChannel reports. The fund bought 10,446 shares of the company’s stock, valued at approximately $528,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. USAdvisors Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.1% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 29,657 shares of the company’s stock worth $1,499,000 after acquiring an additional 310 shares during the last quarter. Albion Financial Group UT purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $5,884,000. Eagle Harbor Asset Management Inc. ADV bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $579,000. Newman Dignan & Sheerar Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $224,000. Finally, Carnegie Investment Counsel purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $995,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1%

Shares of NYSEARCA JMST opened at $50.80 on Thursday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.46 and a twelve month high of $51.13. The business has a fifty day simple moving average of $50.76 and a two-hundred day simple moving average of $50.86.

JPMorgan Ultra-Short Municipal ETF 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.