Dynasty Wealth Management LLC Buys New Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Dynasty Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 233,996 shares of the company’s stock, valued at approximately $11,920,000. Dynasty Wealth Management LLC owned 0.29% of JPMorgan Ultra-Short Municipal ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Directional Asset Management acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $2,157,000. Revolve Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $693,000. Red Door Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $749,000. Great Point Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 16.6% during the fourth quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock worth $8,251,000 after acquiring an additional 23,030 shares during the period. Finally, Beacon Investment Advisory Services Inc. raised its position in JPMorgan Ultra-Short Municipal ETF by 23.1% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 97,202 shares of the company’s stock worth $4,951,000 after acquiring an additional 18,212 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.90 on Wednesday. The company has a fifty day moving average of $50.92 and a two-hundred day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.73 and a fifty-two week high of $51.13.

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.