JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Forza Wealth Management LLC

Forza Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 110.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 31,300 shares of the company’s stock after purchasing an additional 16,400 shares during the period. Forza Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMST. Choreo LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $225,000. Wealthspire Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $3,229,000. Prosperity Consulting Group LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.4% in the 2nd quarter. Prosperity Consulting Group LLC now owns 10,645 shares of the company’s stock valued at $540,000 after acquiring an additional 544 shares during the last quarter. Collaborative Wealth Managment Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 8.9% during the 2nd quarter. Collaborative Wealth Managment Inc. now owns 11,994 shares of the company’s stock worth $609,000 after buying an additional 982 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners bought a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $368,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST traded up $0.03 during trading on Monday, reaching $50.76. 614,025 shares of the company were exchanged. The business’s 50 day moving average price is $50.78 and its 200 day moving average price is $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.