JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Boothe Investment Group Inc.

Boothe Investment Group Inc. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.8% in the second quarter, HoldingsChannel.com reports. The fund owned 230,824 shares of the company’s stock after buying an additional 12,753 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises about 4.5% of Boothe Investment Group Inc.’s investment portfolio, making the stock its 6th biggest holding. Boothe Investment Group Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Harbour Investment Management LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 10.3% during the second quarter. Harbour Investment Management LLC now owns 32,240 shares of the company’s stock worth $1,642,000 after acquiring an additional 3,000 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $45,000. Gill Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $345,000. Insight Advisors LLC PA grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.2% during the second quarter. Insight Advisors LLC PA now owns 132,843 shares of the company’s stock worth $6,764,000 after buying an additional 18,531 shares in the last quarter. Finally, Divergent Planning LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $4,491,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

Shares of BATS JMST opened at $50.98 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The company has a 50-day simple moving average of $50.99 and a 200-day simple moving average of $50.83.

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.