Weatherly Asset Management L. P. Has $37.04 Million Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Weatherly Asset Management L. P. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 726,586 shares of the company’s stock after purchasing an additional 18,950 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up 3.0% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 6th biggest holding. Weatherly Asset Management L. P. owned about 0.91% of JPMorgan Ultra-Short Municipal ETF worth $37,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Rice Partnership LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $43,000. US Bancorp DE grew its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% in the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after acquiring an additional 653 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $71,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $80,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $83,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 and a twelve month high of $51.13. The stock’s 50 day moving average is $50.92 and its 200-day moving average is $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.