SOL Capital Management CO Has $4.41 Million Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

SOL Capital Management CO boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 75.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,890 shares of the company’s stock after buying an additional 37,290 shares during the quarter. SOL Capital Management CO’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares in the last quarter. Resonant Capital Advisors LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 28.8% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock valued at $58,594,000 after purchasing an additional 257,415 shares during the last quarter. Salomon & Ludwin LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 438.4% in the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after buying an additional 830,218 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after buying an additional 70,821 shares during the last quarter. Finally, FSM Wealth Advisors LLC increased its holdings 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 worth $30,243,000 after buying an additional 517,187 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.89 on Friday. The firm has a 50 day moving average price of $50.80 and a two-hundred day moving average price of $50.82.

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.