JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by Focus Financial Network Inc.

Posted by Don Miller on Aug 20th, 2024

Focus Financial Network Inc. increased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 25.3% in the second quarter, Holdings Channel reports. The firm owned 82,387 shares of the company’s stock after purchasing an additional 16,628 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,184,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $50,000. Cooksen Wealth LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $51,000. Aletheian Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter worth $204,000. Bessemer Group Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $209,000. Finally, Pathway Financial Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $210,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST stock traded up $0.03 during midday trading on Tuesday, reaching $50.89. The company had a trading volume of 1,012,208 shares. The stock’s fifty day moving average price is $50.76 and its 200 day moving average price is $50.71.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.