JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 17.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,965 shares of the company’s stock after selling 15,517 shares during the quarter. Parallel Advisors LLC owned approximately 0.09% of JPMorgan Ultra-Short Municipal ETF worth $3,717,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMST. Vise Technologies Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 333.2% in the 4th quarter. Vise Technologies Inc. now owns 27,888 shares of the company’s stock worth $1,421,000 after purchasing an additional 21,450 shares in the last quarter. WCG Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 262.3% during the 4th quarter. WCG Wealth Advisors LLC now owns 493,050 shares of the company’s stock valued at $25,116,000 after purchasing an additional 356,972 shares in the last quarter. Syntegra Private Wealth Group LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 21.7% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 129,239 shares of the company’s stock valued at $6,583,000 after purchasing an additional 23,010 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 19.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,099,786 shares of the company’s stock valued at $56,023,000 after purchasing an additional 177,944 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 152.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 44,118 shares of the company’s stock worth $2,247,000 after buying an additional 26,621 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.93 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.73 and a one year high of $51.13. The firm’s fifty day moving average is $50.92 and its 200 day moving average is $50.98.

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.