JPMorgan Chase & Co. Decreases Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

JPMorgan Chase & Co. reduced its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,409 shares of the company’s stock after selling 17,152 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $14,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Perennial Investment Advisors LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 148.1% during the second quarter. Perennial Investment Advisors LLC now owns 13,018 shares of the company’s stock valued at $654,000 after acquiring an additional 7,771 shares in the last quarter. Sykon Capital LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 8.0% during the 2nd quarter. Sykon Capital LLC now owns 13,497 shares of the company’s stock worth $678,000 after purchasing an additional 1,000 shares during the last quarter. Tortoise Investment Management LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 18.9% during the 2nd quarter. Tortoise Investment Management LLC now owns 66,610 shares of the company’s stock valued at $3,348,000 after purchasing an additional 10,600 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 141.7% in the second quarter. Rockefeller Capital Management L.P. now owns 55,609 shares of the company’s stock worth $2,795,000 after buying an additional 32,600 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 51.9% in the second quarter. Cetera Investment Advisers now owns 152,532 shares of the company’s stock worth $7,668,000 after buying an additional 52,120 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.31 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.44 and a 1-year high of $50.51. The company’s fifty day moving average price is $50.39 and its 200-day moving average price is $50.34.

iShares Short Maturity Municipal Bond Active ETF Company Profile

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.