Aspen Wealth Strategies LLC Has $738,000 Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Aspen Wealth Strategies LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 155.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,497 shares of the company’s stock after purchasing an additional 8,822 shares during the quarter. Aspen Wealth Strategies LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $738,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Belpointe Asset Management LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $259,000. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 158.8% in the second quarter. Janney Montgomery Scott LLC now owns 13,479 shares of the company’s stock valued at $686,000 after buying an additional 8,270 shares during the period. Apollon Wealth Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 145.8% during the second quarter. Apollon Wealth Management LLC now owns 33,419 shares of the company’s stock worth $1,702,000 after buying an additional 19,821 shares in the last quarter. Parallel Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 16.7% during the second quarter. Parallel Advisors LLC now owns 51,088 shares of the company’s stock worth $2,601,000 after buying an additional 7,294 shares in the last quarter. Finally, JNBA Financial Advisors increased its stake in JPMorgan Ultra-Short Municipal ETF by 11.6% during the second quarter. JNBA Financial Advisors now owns 18,907 shares of the company’s stock valued at $963,000 after acquiring an additional 1,972 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.90 on Monday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $50.98. The business has a fifty day simple moving average of $50.98 and a 200 day simple moving average 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.