Intelligence Driven Advisers LLC Decreases Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Intelligence Driven Advisers LLC lowered its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 17.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,078 shares of the company’s stock after selling 2,130 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $511,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ERn Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 24.6% in the 3rd quarter. ERn Financial LLC now owns 42,514 shares of the company’s stock valued at $2,166,000 after buying an additional 8,405 shares in the last quarter. CCG Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $1,562,000. Opal Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 9.6% in the third quarter. Opal Wealth Advisors LLC now owns 164,807 shares of the company’s stock valued at $8,395,000 after acquiring an additional 14,460 shares in the last quarter. Transform Wealth LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 124.5% in the third quarter. Transform Wealth LLC now owns 191,385 shares of the company’s stock worth $9,749,000 after purchasing an additional 106,142 shares during the last quarter. Finally, Bfsg LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.5% during the third quarter. Bfsg LLC now owns 46,800 shares of the company’s stock worth $2,384,000 after purchasing an additional 1,140 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.80 on Thursday. The stock has a fifty day simple moving average of $50.79 and a two-hundred day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.