Meridian Financial LLC Acquires 322 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Meridian Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.9% in the fourth quarter, HoldingsChannel reports. The fund owned 5,022 shares of the company’s stock after purchasing an additional 322 shares during the quarter. Meridian Financial LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sandy Cove Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $230,000. Wealth Alliance Advisory Group LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.3% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 86,183 shares of the company’s stock valued at $4,370,000 after buying an additional 1,113 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $5,022,000. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 395.8% in the 4th quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock worth $29,439,000 after acquiring an additional 463,452 shares in the last quarter. Finally, Helen Stephens Group LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 4th quarter. Helen Stephens Group LLC now owns 53,870 shares of the company’s stock worth $2,732,000 after acquiring an additional 6,529 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.81 on Friday. The stock has a fifty day moving average price of $50.79 and a 200 day moving average price of $50.81.

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.