Richard P Slaughter Associates Inc Has $5.01 Million Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Richard P Slaughter Associates Inc increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 15.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 98,089 shares of the company’s stock after acquiring an additional 13,292 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises about 1.1% of Richard P Slaughter Associates Inc’s holdings, making the stock its 20th largest position. Richard P Slaughter Associates Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,006,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 414.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after buying an additional 414 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $26,000. Park Place Capital Corp acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $41,000. Atlantic Union Bankshares Corp bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at about $42,000. Finally, Briaud Financial Planning Inc acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $45,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98. The business has a 50-day moving average price of $50.93 and a two-hundred day moving average price of $50.90.

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.