Wealth Enhancement Advisory Services LLC Purchases 287,650 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 36.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,070,471 shares of the company’s stock after acquiring an additional 287,650 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.34% of JPMorgan Ultra-Short Municipal ETF worth $54,514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Citizens Financial Group Inc. RI raised its position in JPMorgan Ultra-Short Municipal ETF by 2,677.6% in the third quarter. Citizens Financial Group Inc. RI now owns 136,156 shares of the company’s stock worth $6,949,000 after acquiring an additional 131,254 shares during the period. Cooper Financial Group increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 22.2% during the 3rd quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock worth $8,078,000 after purchasing an additional 28,746 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $259,000. Boothe Investment Group Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 11.5% in the third quarter. Boothe Investment Group Inc. now owns 257,352 shares of the company’s stock worth $13,135,000 after buying an additional 26,528 shares during the last quarter. Finally, Ashton Thomas Securities LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 200.5% in the third quarter. Ashton Thomas Securities LLC now owns 55,310 shares of the company’s stock valued at $2,823,000 after buying an additional 36,905 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

Shares of BATS JMST traded up $0.28 during trading on Tuesday, reaching $51.04. 547,859 shares of the stock traded hands, compared to its average volume of 571,162. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98. The company has a 50-day moving average of $50.97 and a 200-day moving average of $50.94.

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.