Main Street Financial Solutions LLC Increases Position in JPMorgan Ultra-Short Municipal ETF $JMST

Main Street Financial Solutions LLC raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 135.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,431 shares of the company’s stock after purchasing an additional 26,731 shares during the quarter. Main Street Financial Solutions LLC owned 0.06% of JPMorgan Ultra-Short Municipal ETF worth $2,365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% during the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after acquiring an additional 4,561 shares during the period. Peapack Gladstone Financial Corp increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 70.9% during the second quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after acquiring an additional 6,547 shares during the period. Raymond James Financial Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 30.4% during the second quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock worth $36,381,000 after acquiring an additional 166,441 shares during the period. NCM Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.4% during the second quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock worth $2,479,000 after acquiring an additional 3,775 shares during the period. Finally, Vista Investment Management increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 18.9% during the second quarter. Vista Investment Management now owns 15,708 shares of the company’s stock worth $800,000 after acquiring an additional 2,500 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.92 on Thursday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 and a twelve month high of $51.13. The stock’s fifty day simple moving average is $50.91 and its 200-day simple moving average is $50.98.

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.