Krilogy Financial LLC Purchases Shares of 10,210 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Krilogy Financial LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 10,210 shares of the company’s stock, valued at approximately $518,000.

Several other large investors also recently added to or reduced their stakes in the company. IMS Capital Management raised its stake in JPMorgan Ultra-Short Municipal ETF by 3.9% during the 1st quarter. IMS Capital Management now owns 5,350 shares of the company’s stock valued at $271,000 after purchasing an additional 200 shares during the period. YHB Investment Advisors Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.5% during the 1st quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock valued at $2,141,000 after purchasing an additional 206 shares during the period. Guardian Asset Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 5.2% during the 2nd quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock valued at $226,000 after purchasing an additional 221 shares during the period. PFG Advisors raised its stake in JPMorgan Ultra-Short Municipal ETF by 3.8% during the 1st quarter. PFG Advisors now owns 6,993 shares of the company’s stock valued at $355,000 after purchasing an additional 258 shares during the period. Finally, Kwmg LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.4% during the 2nd quarter. Kwmg LLC now owns 31,838 shares of the company’s stock valued at $1,616,000 after purchasing an additional 425 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

BATS:JMST traded down $0.02 during trading hours on Wednesday, hitting $50.87. 690,481 shares of the stock traded hands. The business’s fifty day simple moving average is $50.76 and its 200 day simple moving average is $50.71.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.