Sanctuary Advisors LLC Cuts Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Sanctuary Advisors LLC cut its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,222 shares of the company’s stock after selling 40,103 shares during the period. Sanctuary Advisors LLC owned approximately 0.08% of JPMorgan Ultra-Short Municipal ETF worth $3,223,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE raised its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after purchasing an additional 653 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $71,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $80,000. Core Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $83,000. Finally, Park Place Capital Corp raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after buying an additional 952 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.93 on Tuesday. The stock has a 50-day moving average price of $50.92 and a two-hundred day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.83 and a 12-month high of $51.13.

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.