Westmount Partners LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Westmount Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,900 shares of the company’s stock, valued at approximately $505,000.

Several other institutional investors also recently modified their holdings of the stock. Rice Partnership LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $43,000. US Bancorp DE raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after purchasing an additional 653 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $71,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $80,000. Finally, Core Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $83,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.79 and a 1-year high of $51.13. The stock has a fifty day simple moving average of $50.92 and a 200 day simple moving average of $50.98.

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.