11,760 JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Salomon & Ludwin LLC

Salomon & Ludwin LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,213,760 shares of the company’s stock after purchasing an additional 11,760 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 5.1% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 4th largest position. Salomon & Ludwin LLC owned 0.75% of JPMorgan Ultra-Short Municipal ETF worth $61,368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 312,862 shares of the company’s stock worth $15,818,000 after buying an additional 50,191 shares during the period. Shum Financial Group Inc. grew its position in JPMorgan Ultra-Short Municipal ETF by 101.8% in the second quarter. Shum Financial Group Inc. now owns 33,986 shares of the company’s stock valued at $1,733,000 after acquiring an additional 17,144 shares during the period. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 28.1% during the second quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after acquiring an additional 716,311 shares in the last quarter. Quantinno Capital Management LP acquired a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth $556,000. Finally, SteelPeak Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at $1,988,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of NYSEARCA:JMST opened at $50.96 on Monday. The company’s fifty day moving average is $50.77 and its 200-day moving average is $50.91. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.46 and a 52 week 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.