8,458 Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Bought by Sincerus Advisory LLC

Sincerus Advisory LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,458 shares of the company’s stock, valued at approximately $429,000.

A number of other hedge funds also recently added to or reduced their stakes in JMST. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth $60,000. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $80,000. Blue Trust Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at about $82,000. Finally, Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $99,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.89 on Wednesday. The firm has a 50-day moving average of $50.80 and a 200-day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

JPMorgan Ultra-Short Municipal ETF 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.