D L Carlson Investment Group Inc. Lowers Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

D L Carlson Investment Group Inc. lessened its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,551 shares of the company’s stock after selling 13,609 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for about 1.3% of D L Carlson Investment Group Inc.’s holdings, making the stock its 17th biggest holding. D L Carlson Investment Group Inc. owned approximately 0.19% of JPMorgan Ultra-Short Municipal ETF worth $6,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of JMST. Castlekeep Investment Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $280,711,000. GAMMA Investing LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 5,296.4% during the first quarter. GAMMA Investing LLC now owns 929,691 shares of the company’s stock worth $47,275,000 after buying an additional 912,463 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 31.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after buying an additional 748,311 shares during the period. NorthRock Partners LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 356.6% in the fourth quarter. NorthRock Partners LLC now owns 687,064 shares of the company’s stock valued at $34,841,000 after purchasing an additional 536,584 shares during the period. Finally, Avidian Wealth Enterprises LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 981.9% in the first quarter. Avidian Wealth Enterprises LLC now owns 585,649 shares of the company’s stock valued at $29,780,000 after purchasing an additional 531,517 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $51.02 on Wednesday. The firm has a 50 day simple moving average of $50.82 and a 200-day simple moving average of $50.78. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year 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.