JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Cooper Financial Group

Cooper Financial Group lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 75.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 129,514 shares of the company’s stock after buying an additional 55,649 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 0.8% of Cooper Financial Group’s portfolio, making the stock its 27th largest position. Cooper Financial Group owned about 0.16% of JPMorgan Ultra-Short Municipal ETF worth $6,595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 93.4% during the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after buying an additional 298 shares during the last quarter. Park Place Capital Corp acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $41,000. Rossby Financial LCC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $43,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $51,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $76,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $51.04 on Wednesday. The company has a 50 day simple moving average of $50.99 and a 200-day simple moving average of $50.82. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Company 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.