JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by NorthRock Partners LLC

NorthRock Partners LLC lessened its position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 55.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 662,850 shares of the company’s stock after selling 828,499 shares during the period. NorthRock Partners LLC owned approximately 0.48% of JPMorgan Ultra-Short Municipal ETF worth $33,805,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of JMST. AQR Capital Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 48.3% in the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after purchasing an additional 4,561 shares during the last quarter. Main Street Financial Solutions LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 31.1% during the second quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock worth $1,060,000 after buying an additional 4,942 shares during the period. Peapack Gladstone Financial Corp grew its holdings in JPMorgan Ultra-Short Municipal ETF by 70.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after buying an additional 6,547 shares in the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 30.4% in the 2nd quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock worth $36,381,000 after buying an additional 166,441 shares in the last quarter. Finally, NCM Capital Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 8.4% in the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock valued at $2,479,000 after acquiring an additional 3,775 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.83 on Wednesday. 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 moving average of $50.90 and a two-hundred day moving average of $50.93.

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.