Kraft Asset Management LLC Purchases New Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Kraft Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 10,152 shares of the company’s stock, valued at approximately $512,000. JPMorgan Ultra-Short Municipal ETF makes up 0.5% of Kraft Asset Management LLC’s holdings, making the stock its 22nd largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bessemer Group Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $81,000. Brown Advisory Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $2,004,000. Cetera Advisors LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 274.4% in the fourth quarter. Cetera Advisors LLC now owns 22,697 shares of the company’s stock worth $1,147,000 after purchasing an additional 16,635 shares during the period. Cetera Investment Advisers grew its holdings in JPMorgan Ultra-Short Municipal ETF by 2.8% in the fourth quarter. Cetera Investment Advisers now owns 24,983 shares of the company’s stock worth $1,263,000 after purchasing an additional 670 shares during the period. Finally, Cetera Advisor Networks LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 51.4% in the fourth quarter. Cetera Advisor Networks LLC now owns 27,596 shares of the company’s stock worth $1,395,000 after purchasing an additional 9,373 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $50.71 on Thursday. The business has a fifty day simple moving average of $50.70 and a 200-day simple moving average of $50.57.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

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