Keybank National Association OH Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Keybank National Association OH purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the third quarter, Holdings Channel.com reports. The firm purchased 636,117 shares of the company’s stock, valued at approximately $32,162,000.

Other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $36,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $45,000. Signature Equity Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $103,000. Caldwell Trust Co purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $103,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the first quarter worth approximately $150,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.91 on Thursday. The business has a 50 day moving average price of $50.76 and a 200 day moving average price of $50.91. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.46 and a fifty-two week 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.