XY Planning Network Inc. Takes $659,000 Position in JPMorgan Ultra-Short Municipal ETF $JMST

XY Planning Network Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,931 shares of the company’s stock, valued at approximately $659,000.

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

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

JMST opened at $50.80 on Thursday. The firm has a 50-day moving average price of $50.90 and a 200-day moving average price of $50.93. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 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.