SouthState Bank Corp Boosts Stake in JPMorgan Ultra-Short Municipal ETF $JMST

SouthState Bank Corp increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 327,256 shares of the company’s stock after purchasing an additional 40,525 shares during the quarter. SouthState Bank Corp owned 0.41% of JPMorgan Ultra-Short Municipal ETF worth $16,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of JMST. US Bancorp DE raised its position in JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after buying an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $71,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $80,000. Core Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth approximately $83,000. Finally, Park Place Capital Corp grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after acquiring an additional 952 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.93 on Wednesday. The firm has a 50 day moving average price of $50.92 and a 200-day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.83 and a twelve month high of $51.13.

JPMorgan Ultra-Short Municipal ETF 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.