Woodmont Investment Counsel LLC Buys 17,455 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Woodmont Investment Counsel LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,455 shares of the company’s stock, valued at approximately $883,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Strategic Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 1.0% in the first quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after purchasing an additional 295 shares during the last quarter. Commonwealth Financial Services LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 2.1% during the first quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock worth $756,000 after buying an additional 299 shares during the last quarter. USAdvisors Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.1% during the third quarter. USAdvisors Wealth Management LLC now owns 29,657 shares of the company’s stock worth $1,499,000 after buying an additional 310 shares during the last quarter. IFP Advisors Inc grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% during the 2nd quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock worth $3,304,000 after buying an additional 362 shares during the period. Finally, Quadcap Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% during the 1st quarter. Quadcap Wealth Management LLC now owns 15,703 shares of the company’s stock worth $801,000 after buying an additional 420 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.96 on Monday. The business has a 50-day moving average of $50.77 and a 200-day moving average of $50.91. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.46 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.