Websterrogers Financial Advisors LLC Decreases Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Websterrogers Financial Advisors LLC trimmed its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,866 shares of the company’s stock after selling 989 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 2.1% of Websterrogers Financial Advisors LLC’s portfolio, making the stock its 20th largest holding. Websterrogers Financial Advisors LLC owned approximately 0.18% of JPMorgan Ultra-Short Municipal ETF worth $6,248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JMST. Aletheian Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 15.9% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $283,000 after purchasing an additional 766 shares during the last quarter. Presidio Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 91.4% during the first quarter. Presidio Capital Management LLC now owns 15,349 shares of the company’s stock valued at $780,000 after acquiring an additional 7,330 shares during the last quarter. Marion Wealth Management raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% in the 1st quarter. Marion Wealth Management now owns 9,842 shares of the company’s stock valued at $500,000 after acquiring an additional 2,156 shares during the period. Beese Fulmer Investment Management Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 67.1% in the 1st quarter. Beese Fulmer Investment Management Inc. now owns 14,945 shares of the company’s stock valued at $760,000 after acquiring an additional 6,000 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 379.0% in the 1st quarter. Parallel Advisors LLC now owns 43,794 shares of the company’s stock worth $2,227,000 after acquiring an additional 34,652 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2%

BATS:JMST opened at $50.86 on Monday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The company has a 50 day moving average price of $50.72 and a 200 day moving average price of $50.78.

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.