Goelzer Investment Management Inc. Buys 11,722 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Goelzer Investment Management Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 121,944 shares of the company’s stock after purchasing an additional 11,722 shares during the period. Goelzer Investment Management Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,224,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JMST. Creative Financial Designs Inc. ADV lifted its position in shares of 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 valued at $26,000 after buying an additional 414 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $26,000. Park Place Capital Corp purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $41,000. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $42,000. Finally, Briaud Financial Planning Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth $45,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $51.02 on Monday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The firm’s fifty day moving average is $50.94 and its 200 day moving average is $50.90.

JPMorgan Ultra-Short Municipal ETF 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.