Slow Capital Inc. Sells 24,607 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Slow Capital Inc. reduced its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 69.9% during the 3rd quarter, Holdings Channel reports. The fund owned 10,602 shares of the company’s stock after selling 24,607 shares during the period. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $541,000 as of its most recent filing with the Securities & Exchange Commission.

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

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $51.05 on Tuesday. The firm has a 50-day moving average price of $50.97 and a two-hundred day moving average price of $50.94. 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.