JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 310.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 20,836 shares of the company’s stock after acquiring an additional 15,760 shares during the quarter. Financial Advocates Investment Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $60,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $80,000. Key Financial Inc lifted its holdings in shares of 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 buying an additional 838 shares during the period. Finally, Continuum Advisory LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

BATS:JMST opened at $50.81 on Friday. The business’s 50-day moving average price is $50.79 and its 200-day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders 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

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.