JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Position Lowered by MFA Wealth Advisors LLC

MFA Wealth Advisors LLC reduced its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 52.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,635 shares of the company’s stock after selling 27,513 shares during the quarter. MFA Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,249,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Annex Advisory Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $21,711,000. Adamsbrown Wealth Consultants LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 331.7% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 46,412 shares of the company’s stock worth $2,364,000 after acquiring an additional 35,661 shares during the period. Elmwood Wealth Management Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 22.9% in the third quarter. Elmwood Wealth Management Inc. now owns 96,752 shares of the company’s stock worth $4,929,000 after acquiring an additional 18,025 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 0.7% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 351,993 shares of the company’s stock valued at $17,931,000 after acquiring an additional 2,495 shares during the period. Finally, HTLF Bank grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.2% during the third quarter. HTLF Bank now owns 8,162 shares of the company’s stock valued at $416,000 after purchasing an additional 253 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.81 on Monday. The business’s fifty day moving average is $50.79 and its 200 day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.