Ameritas Advisory Services LLC Acquires Shares of 2,083 JPMorgan Ultra-Short Municipal ETF $JMST

Ameritas Advisory Services LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the second quarter, Holdings Channel reports. The fund acquired 2,083 shares of the company’s stock, valued at approximately $106,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JMST. Allworth Financial LP lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 93.4% in the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock valued at $31,000 after purchasing an additional 298 shares in the last quarter. Park Place Capital Corp purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $41,000. Rossby Financial LCC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $43,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $51,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth $76,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.3%

BATS JMST opened at $50.93 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98. The business’s fifty day simple moving average is $50.99 and its 200-day simple moving average is $50.82.

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.