JPMorgan Ultra-Short Municipal ETF $JMST Holdings Increased by Root Financial Partners LLC

Root Financial Partners LLC grew its stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 33.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,463 shares of the company’s stock after purchasing an additional 17,713 shares during the quarter. Root Financial Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,563,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth $36,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $45,000. Birchwood Financial Partners Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $150,000. NBH Bank bought a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at about $166,000. Finally, Cypress Capital Group bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $204,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

NYSEARCA:JMST opened at $50.88 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.46 and a 1-year high of $51.13. The business’s 50-day moving average price is $50.76 and its two-hundred day moving average price is $50.86.

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.