Ashton Thomas Securities LLC Increases Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Ashton Thomas Securities LLC grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,269 shares of the company’s stock after buying an additional 3,154 shares during the period. Ashton Thomas Securities LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,383,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JMST. LPL Financial LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 20.9% during the 4th quarter. LPL Financial LLC now owns 2,328,339 shares of the company’s stock worth $118,070,000 after buying an additional 402,646 shares during the last quarter. Resonant Capital Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the fourth quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock worth $59,512,000 after acquiring an additional 21,351 shares during the last quarter. Salomon & Ludwin LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the 4th quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after acquiring an additional 7,925 shares during the period. JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Municipal ETF by 8.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares during the last quarter. Finally, Bailard Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $43,522,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.85 on Tuesday. The firm’s fifty day moving average is $50.82 and its two-hundred day moving average is $50.81. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.53 and a one year high of $50.97.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1277 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.