JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1,215.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,881 shares of the company’s stock after purchasing an additional 11,902 shares during the quarter. GAMMA Investing LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $654,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Lincoln National Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 126.7% in the 4th quarter. Lincoln National Corp now owns 9,271 shares of the company’s stock worth $470,000 after buying an additional 5,182 shares in the last quarter. RFG Advisory LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 35.2% in the 4th quarter. RFG Advisory LLC now owns 10,146 shares of the company’s stock valued at $515,000 after acquiring an additional 2,639 shares in the last quarter. Morningstar Investment Services LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 153.0% in the 4th quarter. Morningstar Investment Services LLC now owns 145,210 shares of the company’s stock worth $7,359,000 after buying an additional 87,817 shares in the last quarter. Corient Private Wealth LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.8% in the 4th quarter. Corient Private Wealth LLC now owns 494,775 shares of the company’s stock valued at $25,105,000 after buying an additional 18,051 shares during the last quarter. Finally, Perennial Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 56.2% in the 4th quarter. Perennial Advisors LLC now owns 58,771 shares of the company’s stock worth $2,982,000 after purchasing an additional 21,137 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST traded up $0.04 during midday trading on Monday, reaching $50.81. 770,760 shares of the company’s stock were exchanged. The business has a 50 day moving average price of $50.72 and a 200 day moving average price of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.1405 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.