Horizon Wealth Management LLC Purchases 47,842 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Horizon Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 47,842 shares of the company’s stock, valued at approximately $2,419,000.

Several other institutional investors have also added to or reduced their stakes in the business. Strategic Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the first quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after buying an additional 295 shares during the last quarter. Commonwealth Financial Services LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% in the first quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock worth $756,000 after buying an additional 299 shares during the period. USAdvisors Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.1% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 29,657 shares of the company’s stock valued at $1,499,000 after acquiring an additional 310 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the 2nd quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock valued at $3,304,000 after acquiring an additional 362 shares during the last quarter. Finally, Quadcap Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% in the 1st quarter. Quadcap Wealth Management LLC now owns 15,703 shares of the company’s stock valued at $801,000 after acquiring an additional 420 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.92 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 has a 50-day moving average of $50.76 and a 200 day moving average of $50.91.

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.