Financial Perspectives Inc Buys Shares of 791 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Financial Perspectives Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 791 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors also recently modified their holdings of JMST. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 10.9% during the 2nd quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock worth $89,201,000 after acquiring an additional 172,347 shares during the last quarter. Fiduciary Trust Co boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 18.9% during the fourth quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock worth $73,892,000 after purchasing an additional 231,636 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 21.5% in the 4th quarter. Wells Fargo & Company MN now owns 963,543 shares of the company’s stock valued at $48,890,000 after buying an additional 170,642 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 22.5% during the 2nd quarter. Resonant Capital Advisors LLC now owns 892,834 shares of the company’s stock worth $45,307,000 after buying an additional 163,699 shares during the period. Finally, UBS Group AG raised its stake in JPMorgan Ultra-Short Municipal ETF by 14.0% during the 4th quarter. UBS Group AG now owns 778,850 shares of the company’s stock worth $39,519,000 after buying an additional 95,378 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

BATS:JMST opened at $50.86 on Monday. The firm has a 50-day simple moving average of $50.83 and a 200-day simple moving average of $50.73.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.1451 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.