Bank of Jackson Hole Trust Purchases New Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Bank of Jackson Hole Trust purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, HoldingsChannel reports. The fund purchased 1,959 shares of the company’s stock, valued at approximately $99,000.

Other hedge funds have also made changes to their positions in the company. River Street Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $80,000. Blue Trust Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $82,000. Finally, Key Financial Inc increased its stake in JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after buying an additional 838 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST opened at $50.84 on Thursday. The business’s 50 day simple moving average is $50.79 and its two-hundred day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend was 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.