Oakwell Private Wealth Management LLC Reduces Position in JPMorgan Ultra-Short Municipal ETF $JMST

Oakwell Private Wealth Management LLC reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 64.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,514 shares of the company’s stock after selling 19,051 shares during the period. Oakwell Private Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Sage Mountain Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $30,055,000. Corient Private Wealth LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 139.9% in the 4th quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after purchasing an additional 520,911 shares in the last quarter. Bank of America Corp DE lifted its stake in JPMorgan Ultra-Short Municipal ETF by 13.8% in the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after purchasing an additional 460,157 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after purchasing an additional 444,793 shares during the last quarter. Finally, WCG Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 262.3% during the 4th quarter. WCG Wealth Advisors LLC now owns 493,050 shares of the company’s stock worth $25,116,000 after purchasing an additional 356,972 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock traded up $0.01 during trading hours on Friday, reaching $50.93. The company had a trading volume of 1,437,202 shares, compared to its average volume of 1,304,735. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.83 and a 12-month high of $51.13. The stock has a fifty day moving average of $50.92 and a 200-day moving average of $50.98.

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.