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

Focus Financial Network Inc. trimmed its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,108 shares of the company’s stock after selling 402 shares during the quarter. Focus Financial Network Inc. owned 0.10% of JPMorgan Ultra-Short Municipal ETF worth $2,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 22.7% in the fourth quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock worth $874,000 after purchasing an additional 3,192 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock worth $6,287,000 after purchasing an additional 121,800 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock worth $3,998,000 after purchasing an additional 1,434 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after purchasing an additional 70,821 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 41,649 shares of the company’s stock worth $2,112,000 after purchasing an additional 5,232 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS JMST opened at $50.82 on Wednesday. The stock has a 50-day moving average of $50.79 and a 200 day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.