Philip James Wealth Mangement LLC Has $2.35 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Philip James Wealth Mangement LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 36.7% in the third quarter, HoldingsChannel reports. The firm owned 45,987 shares of the company’s stock after purchasing an additional 12,339 shares during the period. Philip James Wealth Mangement LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,347,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of JMST. AQR Capital Management LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 48.3% during the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock valued at $713,000 after buying an additional 4,561 shares in the last quarter. SageView Advisory Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at approximately $334,000. Jane Street Group LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 4,675.0% in the 1st quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock valued at $15,783,000 after acquiring an additional 303,875 shares in the last quarter. Jacobi Capital Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 79.6% during the 1st quarter. Jacobi Capital Management LLC now owns 13,355 shares of the company’s stock worth $679,000 after purchasing an additional 5,919 shares in the last quarter. Finally, Collective Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $550,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $51.04 on Friday. The stock has a fifty day moving average of $50.95 and a 200-day moving average of $50.92. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month 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.