Quotient Wealth Partners LLC Has $8.14 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Quotient Wealth Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 160,426 shares of the company’s stock after purchasing an additional 11,672 shares during the period. Quotient Wealth Partners LLC owned 0.31% of JPMorgan Ultra-Short Municipal ETF worth $8,135,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JMST. Salomon & Ludwin LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after acquiring an additional 830,218 shares during the last quarter. FSM Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 676.0% in the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock worth $30,243,000 after purchasing an additional 517,187 shares during the period. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 395.8% in the fourth quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock worth $29,439,000 after purchasing an additional 463,452 shares during the period. Annex Advisory Services LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth $21,711,000. Finally, CWA Asset Management Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth $19,911,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.81 on Friday. The business has a 50 day moving average price of $50.79 and a two-hundred day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 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.