Baker Ellis Asset Management LLC Has $1.33 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Baker Ellis Asset Management LLC grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 66.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,300 shares of the company’s stock after purchasing an additional 10,500 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,334,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. River Street Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $80,000. Key Financial Inc grew its position in JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.82 on Thursday. The stock’s fifty day simple moving average is $50.79 and its 200 day simple moving average is $50.81.

About JPMorgan Ultra-Short Municipal ETF

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.