Richard P Slaughter Associates Inc Acquires 12,239 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Richard P Slaughter Associates Inc grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 66.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,747 shares of the company’s stock after purchasing an additional 12,239 shares during the quarter. Richard P Slaughter Associates Inc owned about 0.06% of JPMorgan Ultra-Short Municipal ETF worth $1,559,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. River Street Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $30,000. Legacy Investment Solutions LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $60,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $80,000. Key Financial Inc boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.76 on Wednesday. The stock has a 50-day moving average price of $50.79 and a 200-day moving average price of $50.81.

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.