Smith Anglin Financial LLC Acquires 16,568 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Smith Anglin Financial LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 16.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 115,341 shares of the company’s stock after acquiring an additional 16,568 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 0.5% of Smith Anglin Financial LLC’s holdings, making the stock its 24th biggest position. Smith Anglin Financial LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,849,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. HTLF Bank lifted its position in JPMorgan Ultra-Short Municipal ETF by 3.2% during the third quarter. HTLF Bank now owns 8,162 shares of the company’s stock valued at $416,000 after purchasing an additional 253 shares during the period. Essex Savings Bank lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% during the 3rd quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock valued at $322,000 after buying an additional 276 shares during the period. Red Mountain Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.4% in the 3rd quarter. Red Mountain Financial LLC now owns 20,831 shares of the company’s stock worth $1,061,000 after buying an additional 285 shares during the last quarter. WealthCare Investment Partners LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% in the third quarter. WealthCare Investment Partners LLC now owns 15,486 shares of the company’s stock worth $787,000 after acquiring an additional 317 shares during the period. Finally, Apollon Wealth Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 5.0% during the third quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock valued at $369,000 after acquiring an additional 348 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.76 on Wednesday. The firm has a fifty day moving average price of $50.79 and a 200-day moving average price of $50.81.

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.