MFA Wealth Advisors LLC Trims Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

MFA Wealth Advisors LLC decreased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 52.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,635 shares of the company’s stock after selling 27,513 shares during the quarter. MFA Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,249,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. GAMMA Investing LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 22.7% during the fourth quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock valued at $874,000 after acquiring an additional 3,192 shares during the period. International Assets Investment Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the 3rd 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 in the last quarter. Private Advisor Group LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock worth $3,998,000 after purchasing an additional 1,434 shares during the period. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Municipal ETF by 8.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after purchasing an additional 70,821 shares in the last quarter. Finally, Townsquare Capital LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 29.3% in the third quarter. Townsquare Capital LLC now owns 9,815 shares of the company’s stock valued at $500,000 after buying an additional 2,227 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST opened at $50.81 on Monday. The stock’s 50-day simple moving average is $50.79 and its 200 day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.