HighTower Advisors LLC Purchases 18,221 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

HighTower Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 466,576 shares of the company’s stock after acquiring an additional 18,221 shares during the period. HighTower Advisors LLC owned 0.58% of JPMorgan Ultra-Short Municipal ETF worth $23,767,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JMST. AQR Capital Management LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 48.3% in the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after acquiring an additional 4,561 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 31.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock worth $1,060,000 after acquiring an additional 4,942 shares during the last quarter. Peapack Gladstone Financial Corp grew its holdings in JPMorgan Ultra-Short Municipal ETF by 70.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after acquiring an additional 6,547 shares during the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 30.4% in the 2nd quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock worth $36,381,000 after acquiring an additional 166,441 shares during the last quarter. Finally, NCM Capital Management LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 8.4% in the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock worth $2,479,000 after acquiring an additional 3,775 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.88 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.71 and a 12-month high of $51.13. The company’s fifty day simple moving average is $50.93 and its two-hundred day simple moving average is $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.