CCG Wealth Management LLC Buys 5,598 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

CCG Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,255 shares of the company’s stock after acquiring an additional 5,598 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 1.0% of CCG Wealth Management LLC’s portfolio, making the stock its 20th largest position. CCG Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,838,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JMST. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $30,000. Legacy Investment Solutions LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $60,000. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $80,000. Key Financial Inc boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

Shares of BATS JMST opened at $50.89 on Monday. The stock’s fifty day moving average price is $50.80 and its two-hundred day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.1208 per share. The ex-dividend date is Monday, February 3rd.

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.