Captrust Financial Advisors Lowers Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Captrust Financial Advisors decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 344,896 shares of the company’s stock after selling 22,617 shares during the quarter. Captrust Financial Advisors owned about 0.67% of JPMorgan Ultra-Short Municipal ETF worth $17,500,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in JMST. Principle Wealth Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 3,612.4% during the fourth quarter. Principle Wealth Partners LLC now owns 364,597 shares of the company’s stock valued at $18,500,000 after buying an additional 354,776 shares during the last quarter. CWM LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 75.7% in the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after purchasing an additional 287,684 shares during the last quarter. Fiduciary Trust Co raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 18.9% in the fourth quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock worth $73,892,000 after purchasing an additional 231,636 shares during the last quarter. Cerity Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 39.8% in the fourth quarter. Cerity Partners LLC now owns 664,597 shares of the company’s stock worth $33,766,000 after purchasing an additional 189,351 shares during the last quarter. Finally, Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 40.4% in the fourth quarter. Bridgewater Advisors Inc. now owns 635,844 shares of the company’s stock worth $32,263,000 after purchasing an additional 183,110 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.86 on Wednesday. The business has a fifty day simple moving average of $50.71 and a two-hundred day simple moving average of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.1405 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.