Peterson Wealth Advisors LLC Cuts Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Peterson Wealth Advisors LLC reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 15.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,922 shares of the company’s stock after selling 2,027 shares during the period. Peterson Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $554,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in JMST. River Street Advisors LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $60,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $80,000. Key Financial Inc increased its holdings in JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares in the last quarter. Finally, Centaurus Financial Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST stock opened at $50.82 on Thursday. The firm has a 50 day simple moving average of $50.79 and a 200 day simple moving average of $50.81.

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.