JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors lessened its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 182,397 shares of the company’s stock after selling 1,905 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up 4.0% of Phoenix Wealth Advisors’ investment portfolio, making the stock its 2nd largest position. Phoenix Wealth Advisors owned 0.35% of JPMorgan Ultra-Short Municipal ETF worth $9,249,000 as of its most recent SEC filing.

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

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS JMST opened at $50.82 on Wednesday. The company has a 50 day simple moving average of $50.79 and a 200 day simple moving average of $50.81.

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.