Integrated Advisors Network LLC Has $2.51 Million Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Integrated Advisors Network LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,256 shares of the company’s stock after selling 924 shares during the period. Integrated Advisors Network LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,505,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JMST. Howe & Rusling Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $33,000. Cary Street Partners Financial LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $34,000. Assetmark Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 591.3% in the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after buying an additional 946 shares during the last quarter. Blue Trust Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $82,000. Finally, Principia Wealth Advisory LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $94,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.80 on Thursday. The stock has a 50-day simple moving average of $50.71 and a 200 day simple moving average of $50.78. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.