JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Aspen Wealth Management LLC

Aspen Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 12.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 220,543 shares of the company’s stock after acquiring an additional 24,924 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 1.8% of Aspen Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Aspen Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 5.8% in the first quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock valued at $213,332,000 after buying an additional 227,838 shares during the period. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 28.1% in the second quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after acquiring an additional 716,311 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 20.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after acquiring an additional 287,225 shares during the period. Bank of New York Mellon Corp grew its holdings in JPMorgan Ultra-Short Municipal ETF by 14.7% during the 1st quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock worth $64,318,000 after acquiring an additional 161,844 shares during the period. Finally, Corient Private Wealth LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 139.9% during the 4th quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after acquiring an additional 520,911 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock traded up $0.03 on Wednesday, hitting $50.69. 552,019 shares of the company’s stock traded hands, compared to its average volume of 1,296,385. The firm’s 50-day moving average price is $50.78 and its two-hundred day moving average price is $50.87. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.46 and a one year high of $51.13.

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.