Stratos Wealth Partners LTD. Acquires 5,232 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Stratos Wealth Partners LTD. lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,649 shares of the company’s stock after buying an additional 5,232 shares during the period. Stratos Wealth Partners LTD.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,112,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Salomon & Ludwin LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after acquiring an additional 830,218 shares during the period. FSM Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 676.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock worth $30,243,000 after purchasing an additional 517,187 shares during the period. HB Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 395.8% in the fourth quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock worth $29,439,000 after purchasing an additional 463,452 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $21,711,000. Finally, CWA Asset Management Group LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $19,911,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.81 on Friday. The business’s 50-day simple moving average is $50.79 and its 200 day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1208 per share. The ex-dividend date 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.