Beacon Investment Advisory Services Inc. Acquires 29,637 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Beacon Investment Advisory Services Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 39.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,898 shares of the company’s stock after buying an additional 29,637 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,293,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 438.4% during the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after acquiring an additional 830,218 shares in the last quarter. FSM Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% during the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after buying an additional 517,187 shares during the period. Annex Advisory Services LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $21,711,000. CWA Asset Management Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $19,911,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 325.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock worth $20,069,000 after acquiring an additional 302,492 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of BATS JMST opened at $50.90 on Monday. The stock has a fifty day moving average price of $50.82 and a 200 day moving average price of $50.79.

About JPMorgan Ultra-Short Municipal ETF

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.