Thrivent Financial for Lutherans Decreases Position in JPMorgan Ultra-Short Municipal ETF $JMST

Thrivent Financial for Lutherans lowered its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 41.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 232,838 shares of the company’s stock after selling 162,476 shares during the period. Thrivent Financial for Lutherans owned 0.29% of JPMorgan Ultra-Short Municipal ETF worth $11,866,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Dakota Wealth Management grew its stake in JPMorgan Ultra-Short Municipal ETF by 1.5% in the 3rd quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock valued at $705,000 after buying an additional 200 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.2% in the 4th quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock valued at $313,000 after buying an additional 245 shares in the last quarter. Total Clarity Wealth Management Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.7% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after buying an additional 264 shares in the last quarter. IFG Advisory LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.0% in the 3rd quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock valued at $467,000 after buying an additional 267 shares in the last quarter. Finally, Equitable Holdings Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% in the 3rd quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock valued at $1,443,000 after buying an additional 285 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.86 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.71 and a 1-year high of $51.13. The firm has a 50 day simple moving average of $50.94 and a 200 day simple moving average of $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.