JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST) Shares Acquired by ERn Financial LLC

ERn Financial LLC raised its position in shares of JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST) by 36.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 23,687 shares of the company’s stock after acquiring an additional 6,304 shares during the quarter. ERn Financial LLC’s holdings in JPMorgan Ultra-Short Municipal Income ETF were worth $1,201,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. LWM Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal Income ETF during the third quarter valued at approximately $38,000. Advisory Services Network LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF by 41.4% during the first quarter. Advisory Services Network LLC now owns 854 shares of the company’s stock valued at $43,000 after acquiring an additional 250 shares during the last quarter. CVA Family Office LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal Income ETF in the fourth quarter valued at approximately $75,000. Bessemer Group Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal Income ETF in the fourth quarter valued at approximately $81,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF by 38.1% in the third quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock valued at $100,000 after purchasing an additional 548 shares during the last quarter.

JPMorgan Ultra-Short Municipal Income ETF Stock Performance

Shares of BATS:JMST traded up $0.02 during midday trading on Friday, hitting $50.74. The company had a trading volume of 227,016 shares. The firm’s fifty day moving average is $50.73 and its 200-day moving average is $50.63.

JPMorgan Ultra-Short Municipal Income ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd will be issued a $0.1399 dividend. The ex-dividend date is Monday, April 1st.

JPMorgan Ultra-Short Municipal Income 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.