Flputnam Investment Management Co. Increases Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Flputnam Investment Management Co. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 54.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 218,190 shares of the company’s stock after buying an additional 77,057 shares during the quarter. Flputnam Investment Management Co. owned approximately 0.42% of JPMorgan Ultra-Short Municipal ETF worth $11,064,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JMST. International Assets Investment Management LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock valued at $6,287,000 after purchasing an additional 121,800 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 100,928 shares of the company’s stock worth $5,141,000 after buying an additional 812 shares during the last quarter. Financial Advocates Investment Management raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.2% during the 3rd quarter. Financial Advocates Investment Management now owns 5,076 shares of the company’s stock worth $259,000 after acquiring an additional 632 shares in the last quarter. Aspen Wealth Strategies LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $306,000. Finally, Hartford Financial Management Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 68.4% during the third quarter. Hartford Financial Management Inc. now owns 18,620 shares of the company’s stock valued at $949,000 after acquiring an additional 7,562 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.92 on Friday. The business has a 50-day moving average price of $50.81 and a two-hundred day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.1208 per share. 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.