StrongBox Wealth LLC Has $3.33 Million Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

StrongBox Wealth LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 35.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,723 shares of the company’s stock after buying an additional 17,123 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.4% of StrongBox Wealth LLC’s portfolio, making the stock its 24th biggest position. StrongBox Wealth LLC owned about 0.13% of JPMorgan Ultra-Short Municipal ETF worth $3,333,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JMST. LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after acquiring an additional 167,861 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock valued at $88,517,000 after purchasing an additional 67,868 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% in the third quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock worth $58,594,000 after purchasing an additional 257,415 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after purchasing an additional 830,218 shares during the period. Finally, JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Municipal ETF by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.76 on Thursday. The business has a 50-day moving average of $50.79 and a 200 day moving average of $50.81.

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.