U.S. Capital Wealth Advisors LLC Buys 48,965 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

U.S. Capital Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 193.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 74,294 shares of the company’s stock after acquiring an additional 48,965 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,792,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Kovitz Investment Group Partners LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $240,000. Raymond James Financial Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.0% in the first quarter. Raymond James Financial Inc. now owns 548,025 shares of the company’s stock valued at $27,867,000 after purchasing an additional 109,667 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 23.5% in the first quarter. Kestra Advisory Services LLC now owns 24,504 shares of the company’s stock worth $1,246,000 after buying an additional 4,670 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 31.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after buying an additional 748,311 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 20.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,618 shares of the company’s stock worth $235,000 after buying an additional 797 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.5%

BATS:JMST opened at $51.02 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The firm’s fifty day simple moving average is $50.94 and its 200 day simple moving average is $50.90.

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.