Lifestyle Asset Management Inc. Takes Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Lifestyle Asset Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,350 shares of the company’s stock, valued at approximately $221,000.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after purchasing an additional 167,861 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock worth $88,517,000 after buying an additional 67,868 shares during the period. Resonant Capital Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% in the third quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock worth $58,594,000 after acquiring an additional 257,415 shares in the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after acquiring an additional 830,218 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted 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 during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.82 on Friday. The firm has a 50 day moving average of $50.79 and a 200-day moving average of $50.81.

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.