Transce3nd LLC Trims Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Transce3nd LLC cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,910 shares of the company’s stock after selling 10,237 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.5% of Transce3nd LLC’s portfolio, making the stock its 13th biggest holding. Transce3nd LLC owned approximately 0.09% of JPMorgan Ultra-Short Municipal ETF worth $3,300,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $2,613,000. Laurel Wealth Planning LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 19.1% during the first quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock worth $2,487,000 after acquiring an additional 7,848 shares during the last quarter. Comerica Bank increased its stake in JPMorgan Ultra-Short Municipal ETF by 9.1% during the fourth quarter. Comerica Bank now owns 6,000 shares of the company’s stock worth $304,000 after acquiring an additional 500 shares during the last quarter. Fairview Capital Investment Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.1% during the fourth quarter. Fairview Capital Investment Management LLC now owns 72,625 shares of the company’s stock worth $3,683,000 after acquiring an additional 2,200 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 654,800.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,549 shares of the company’s stock worth $332,000 after acquiring an additional 6,548 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.3%

JMST stock opened at $50.91 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The stock has a 50-day simple moving average of $50.72 and a 200-day simple moving average of $50.75.

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.