Apollon Wealth Management LLC Has $369,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Apollon Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,244 shares of the company’s stock after purchasing an additional 348 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $369,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of JMST. Venturi Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 31.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 48,162 shares of the company’s stock worth $2,453,000 after acquiring an additional 11,639 shares during the last quarter. 1900 Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 32.2% during the 3rd quarter. 1900 Wealth Management LLC now owns 43,914 shares of the company’s stock worth $2,228,000 after acquiring an additional 10,699 shares during the last quarter. Tyler Stone Wealth Management lifted its position in JPMorgan Ultra-Short Municipal ETF by 43.8% during the 3rd quarter. Tyler Stone Wealth Management now owns 11,218 shares of the company’s stock worth $571,000 after acquiring an additional 3,416 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 54.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 141,675 shares of the company’s stock worth $7,217,000 after acquiring an additional 49,733 shares during the last quarter. Finally, Sigma Planning Corp lifted its position in JPMorgan Ultra-Short Municipal ETF by 9.4% during the 3rd quarter. Sigma Planning Corp now owns 12,200 shares of the company’s stock worth $621,000 after acquiring an additional 1,048 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Monday. The stock’s fifty day moving average price is $50.82 and its two-hundred day moving average price is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1451 per share. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.