Castlekeep Investment Advisors LLC Reduces Position in JPMorgan Ultra-Short Municipal ETF $JMST

Castlekeep Investment Advisors LLC decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,623 shares of the company’s stock after selling 9,110 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for 1.4% of Castlekeep Investment Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Castlekeep Investment Advisors LLC owned approximately 0.07% of JPMorgan Ultra-Short Municipal ETF worth $2,781,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of JMST. Creative Financial Designs Inc. ADV increased its position in JPMorgan Ultra-Short Municipal ETF by 414.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after buying an additional 414 shares in the last quarter. Allworth Financial LP increased its position in JPMorgan Ultra-Short Municipal ETF by 93.4% during the first quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after buying an additional 298 shares in the last quarter. Park Place Capital Corp purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $41,000. Rossby Financial LCC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth $43,000. Finally, Briaud Financial Planning Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $45,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.99 on Friday. The stock has a fifty day moving average of $50.99 and a two-hundred day moving average of $50.85. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98.

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.