Ironwood Investment Counsel LLC Sells 26,404 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Ironwood Investment Counsel LLC cut its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,731 shares of the company’s stock after selling 26,404 shares during the period. Ironwood Investment Counsel LLC owned about 0.10% of JPMorgan Ultra-Short Municipal ETF worth $3,960,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of JMST. Rice Partnership LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $43,000. US Bancorp DE raised its position in JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares in the last quarter. Park Place Capital Corp raised its position in JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares in the last quarter. Triumph Capital Management bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $96,000. Finally, GGM Financials LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $100,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.88 on Monday. The business has a fifty day simple moving average of $50.95 and a two-hundred day simple moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.71 and a twelve month high of $51.13.

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.