Citadel Advisors LLC Trims Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Citadel Advisors LLC decreased its position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 92.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,538 shares of the company’s stock after selling 468,562 shares during the quarter. Citadel Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,965,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in JMST. Bank of America Corp DE increased its position in JPMorgan Ultra-Short Municipal ETF by 5.8% during the first quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock worth $213,332,000 after buying an additional 227,838 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock valued at $202,391,000 after acquiring an additional 192,499 shares during the period. HB Wealth Management LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 28.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after purchasing an additional 716,311 shares during the last quarter. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 3,024,296 shares of the company’s stock worth $154,058,000 after purchasing an additional 54,500 shares during the period. Finally, Resonant Capital Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 20.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after purchasing an additional 287,225 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

NYSEARCA JMST opened at $50.83 on Wednesday. The firm’s fifty day moving average is $50.90 and its two-hundred day moving average is $50.93. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.79 and a one year 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.