Rossmore Private Capital Acquires 9,899 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Rossmore Private Capital grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 19.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 60,732 shares of the company’s stock after purchasing an additional 9,899 shares during the period. Rossmore Private Capital’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,100,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after purchasing an additional 460,157 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 4.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,780,629 shares of the company’s stock worth $192,963,000 after purchasing an additional 168,124 shares in the last quarter. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after purchasing an additional 444,793 shares in the last quarter. Resonant Capital Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 0.8% during the 4th quarter. Resonant Capital Advisors LLC now owns 1,432,023 shares of the company’s stock worth $73,068,000 after purchasing an additional 11,620 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 18.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,268,731 shares of the company’s stock worth $64,693,000 after purchasing an additional 198,260 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.88 on Monday. The stock has a 50 day moving average price of $50.95 and a two-hundred day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.71 and a 52 week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Company 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.