JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Position Lowered by Mills Wealth Advisors LLC

Posted by Carol Hyndes on Feb 28th, 2025

Mills Wealth Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 35.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 191,808 shares of the company’s stock after selling 105,097 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 5.5% of Mills Wealth Advisors LLC’s holdings, making the stock its 5th largest holding. Mills Wealth Advisors LLC owned about 0.37% of JPMorgan Ultra-Short Municipal ETF worth $9,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. River Street Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $80,000. Blue Trust Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at about $82,000. Finally, Bank of Jackson Hole Trust purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.89 on Friday. The business’s 50 day simple moving average is $50.80 and its 200-day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1208 dividend. The ex-dividend date was Monday, February 3rd.

About JPMorgan Ultra-Short Municipal ETF

(Free Report)

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.