28,153 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Acquired by Meridian Financial Partners LLC

Meridian Financial Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 28,153 shares of the company’s stock, valued at approximately $1,428,000.

Other hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth $36,000. Cherry Tree Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $45,000. Birchwood Financial Partners Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth $150,000. NBH Bank bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $166,000. Finally, Cypress Capital Group bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $204,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.90 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.46 and a 1 year high of $51.13. The firm has a fifty day moving average price of $50.76 and a 200-day moving average price of $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.