Highline Wealth Partners LLC Has $3.37 Million Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Highline Wealth Partners LLC cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,427 shares of the company’s stock after selling 8,080 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 1.1% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 28th largest holding. Highline Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,369,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JMST. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 132.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 234,143 shares of the company’s stock valued at $11,927,000 after buying an additional 133,215 shares in the last quarter. Legacy Private Trust Co. raised its position in JPMorgan Ultra-Short Municipal ETF by 43.1% in the fourth quarter. Legacy Private Trust Co. now owns 86,434 shares of the company’s stock worth $4,383,000 after purchasing an additional 26,023 shares in the last quarter. Fulton Bank N.A. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 52.1% during the fourth quarter. Fulton Bank N.A. now owns 31,034 shares of the company’s stock valued at $1,574,000 after purchasing an additional 10,634 shares in the last quarter. Weaver Consulting Group grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.3% in the 4th quarter. Weaver Consulting Group now owns 5,650 shares of the company’s stock valued at $287,000 after purchasing an additional 480 shares during the period. Finally, CWA Asset Management Group LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 11.6% in the 4th quarter. CWA Asset Management Group LLC now owns 436,070 shares of the company’s stock worth $22,113,000 after buying an additional 45,207 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST traded down $0.02 during trading hours on Friday, reaching $50.73. The company had a trading volume of 438,312 shares. The business has a 50 day simple moving average of $50.78 and a 200-day simple moving average of $50.81.

JPMorgan Ultra-Short Municipal ETF 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.