Prosperity Wealth Management Inc. Sells 2,743 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Prosperity Wealth Management Inc. decreased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 36.1% in the 4th quarter, Holdings Channel reports. The fund owned 4,860 shares of the company’s stock after selling 2,743 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $247,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JMST. Moneta Group Investment Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $1,023,233,000. CI Private Wealth LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $32,032,000. Jane Street Group LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 373.4% during the 1st quarter. Jane Street Group LLC now owns 727,926 shares of the company’s stock valued at $36,971,000 after buying an additional 574,170 shares in the last quarter. Cerity Partners LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 137.8% during the 4th quarter. Cerity Partners LLC now owns 765,360 shares of the company’s stock valued at $38,704,000 after buying an additional 443,506 shares in the last quarter. Finally, Slow Capital Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 173.1% during the 3rd quarter. Slow Capital Inc. now owns 561,014 shares of the company’s stock valued at $28,303,000 after buying an additional 355,573 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

JMST stock opened at $50.65 on Thursday. The firm’s fifty day moving average is $50.69 and its 200-day moving average is $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1399 per share. The ex-dividend date was Monday, April 1st.

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.