KM Capital Management Ltd. Has $3.69 Million Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

KM Capital Management Ltd. lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,749 shares of the company’s stock after buying an additional 14,662 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 1.9% of KM Capital Management Ltd.’s portfolio, making the stock its 14th biggest holding. KM Capital Management Ltd. owned 0.14% of JPMorgan Ultra-Short Municipal ETF worth $3,689,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMST. Salomon & Ludwin LLC boosted its stake in shares of 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 worth $51,939,000 after buying an additional 830,218 shares during the last quarter. FSM Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock worth $30,243,000 after purchasing an additional 517,187 shares during the period. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 395.8% in the 4th quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock worth $29,439,000 after purchasing an additional 463,452 shares during the period. CWA Asset Management Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $19,911,000. Finally, Global Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $14,993,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

BATS:JMST opened at $50.86 on Friday. The business has a 50 day moving average of $50.80 and a 200 day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.