Geneos Wealth Management Inc. Sells 14,907 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Geneos Wealth Management Inc. decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 15.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,065 shares of the company’s stock after selling 14,907 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,184,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Signet Financial Management LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% during the first quarter. Signet Financial Management LLC now owns 70,555 shares of the company’s stock valued at $3,597,000 after acquiring an additional 1,885 shares in the last quarter. SouthState Bank Corp boosted its stake in JPMorgan Ultra-Short Municipal ETF by 14.1% in the 1st quarter. SouthState Bank Corp now owns 327,256 shares of the company’s stock worth $16,684,000 after purchasing an additional 40,525 shares in the last quarter. Sigma Planning Corp grew its position in JPMorgan Ultra-Short Municipal ETF by 3.8% during the 1st quarter. Sigma Planning Corp now owns 63,639 shares of the company’s stock valued at $3,244,000 after purchasing an additional 2,310 shares during the last quarter. 1ST Source Bank purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at about $1,020,000. Finally, CAP Partners LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 11.0% during the 1st quarter. CAP Partners LLC now owns 6,840 shares of the company’s stock valued at $349,000 after purchasing an additional 677 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

Shares of BATS JMST opened at $50.89 on Friday. The firm’s 50 day moving average price is $50.92 and its 200-day moving average price is $50.98. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.83 and a 52-week high of $51.13.

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.