Opes Wealth Management LLC Sells 1,085 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Opes Wealth Management LLC cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,360 shares of the company’s stock after selling 1,085 shares during the quarter. Opes Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Moneta Group Investment Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $1,023,233,000. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 20.6% in the 3rd quarter. LPL Financial LLC now owns 1,562,506 shares of the company’s stock worth $78,828,000 after acquiring an additional 266,857 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 137.8% in the 4th quarter. Cerity Partners LLC now owns 765,360 shares of the company’s stock worth $38,704,000 after acquiring an additional 443,506 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 373.4% in the 1st quarter. Jane Street Group LLC now owns 727,926 shares of the company’s stock worth $36,971,000 after acquiring an additional 574,170 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 14.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 655,062 shares of the company’s stock worth $33,048,000 after acquiring an additional 82,920 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST traded up $0.02 during mid-day trading on Thursday, reaching $50.67. The company’s stock had a trading volume of 268,939 shares. The stock’s 50 day moving average price is $50.69 and its two-hundred day moving average price is $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date was Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF Company 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.