Red Door Wealth Management LLC Boosts Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Red Door Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1,092.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 175,198 shares of the company’s stock after acquiring an additional 160,503 shares during the quarter. Red Door Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,932,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AQR Capital Management LLC boosted its stake in shares of 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 purchasing an additional 4,561 shares during the period. Main Street Financial Solutions LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 31.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock worth $1,060,000 after buying an additional 4,942 shares during the period. Peapack Gladstone Financial Corp increased its stake in JPMorgan Ultra-Short Municipal ETF by 70.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after buying an additional 6,547 shares during the period. Raymond James Financial Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 30.4% during the 2nd quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock valued at $36,381,000 after buying an additional 166,441 shares in the last quarter. Finally, NCM Capital Management LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 8.4% during the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock valued at $2,479,000 after buying an additional 3,775 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.98 on Monday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.79 and a 1 year high of $51.13. The firm has a 50-day moving average of $50.92 and a two-hundred day moving average 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.