WCG Wealth Advisors LLC Increases Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

WCG Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 262.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 493,050 shares of the company’s stock after buying an additional 356,972 shares during the period. WCG Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $25,116,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JMST. Sage Mountain Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $30,055,000. Bank of America Corp DE raised its stake in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after buying an additional 460,157 shares during the last quarter. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock valued at $110,943,000 after buying an additional 444,793 shares during the last quarter. TFO Wealth Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 438.9% during the 4th quarter. TFO Wealth Partners LLC now owns 342,711 shares of the company’s stock valued at $17,458,000 after buying an additional 279,117 shares during the last quarter. Finally, Dynasty Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $11,920,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $50.90 on Thursday. The firm has a fifty day simple moving average of $50.92 and a two-hundred day simple moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.73 and a 1-year high of $51.13.

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.