Great Valley Advisor Group Inc. Sells 246,490 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Great Valley Advisor Group Inc. lessened its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 51.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 229,429 shares of the company’s stock after selling 246,490 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,682,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JMST. Creative Financial Designs Inc. ADV raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock valued at $26,000 after purchasing an additional 414 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $26,000. Park Place Capital Corp acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $41,000. Atlantic Union Bankshares Corp acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $42,000. Finally, Briaud Financial Planning Inc bought a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $45,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.3%

Shares of BATS:JMST opened at $50.93 on Friday. The business has a 50-day moving average of $50.93 and a two-hundred day moving average of $50.89. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98.

JPMorgan Ultra-Short Municipal ETF 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.