Oak Harvest Investment Services Has $9.17 Million Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Oak Harvest Investment Services increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,924 shares of the company’s stock after acquiring an additional 22,490 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for about 1.3% of Oak Harvest Investment Services’ holdings, making the stock its 25th largest position. Oak Harvest Investment Services owned approximately 0.35% of JPMorgan Ultra-Short Municipal ETF worth $9,165,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after purchasing an additional 830,218 shares during the period. Annex Advisory Services LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $21,711,000. Cambridge Investment Research Advisors Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 325.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock worth $20,069,000 after buying an additional 302,492 shares in the last quarter. Global Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $14,993,000. Finally, Resonant Capital Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock valued at $58,594,000 after buying an additional 257,415 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.81 on Thursday. The stock has a fifty day moving average of $50.86 and a two-hundred day moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.