RPg Family Wealth Advisory LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

RPg Family Wealth Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the second quarter, Holdings Channel.com reports. The fund acquired 91,205 shares of the company’s stock, valued at approximately $4,644,000.

A number of other large investors have also recently modified their holdings of the business. Grimes & Company Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $55,491,000. Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 31.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock valued at $160,057,000 after buying an additional 748,311 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 158.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock valued at $39,791,000 after acquiring an additional 479,460 shares during the period. Interchange Capital Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 185.1% in the 2nd quarter. Interchange Capital Partners LLC now owns 694,420 shares of the company’s stock valued at $35,360,000 after buying an additional 450,882 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4,675.0% in the first quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock worth $15,783,000 after acquiring an additional 303,875 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.87 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98. The firm has a fifty day simple moving average of $50.95 and a 200 day simple moving average of $50.89.

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.