Kestra Investment Management LLC Takes Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Kestra Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,639 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also added to or reduced their stakes in JMST. River Street Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $80,000. Blue Trust Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $82,000. Finally, Key Financial Inc boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after purchasing an additional 838 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.84 on Thursday. The business has a fifty day simple moving average of $50.79 and a two-hundred day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared 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.

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.