Legacy Private Trust Co. Raises Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Legacy Private Trust Co. raised its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1,032.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,507 shares of the company’s stock after purchasing an additional 56,987 shares during the quarter. Legacy Private Trust Co. owned 0.13% of JPMorgan Ultra-Short Municipal ETF worth $3,166,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JMST. Apella Capital LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $771,000. Narus Financial Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at $3,311,000. EP Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth about $1,124,000. Titleist Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at about $1,265,000. Finally, Advisory Services Network LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 41.4% in the 1st quarter. Advisory Services Network LLC now owns 854 shares of the company’s stock valued at $43,000 after buying an additional 250 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1 %

JPMorgan Ultra-Short Municipal ETF stock traded down $0.05 during midday trading on Friday, hitting $50.50. 233,361 shares of the company were exchanged. The stock’s fifty day simple moving average is $50.55 and its two-hundred day simple moving average is $50.60.

JPMorgan Ultra-Short Municipal ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, July 5th were issued a dividend of $0.1351 per share. The ex-dividend date of this dividend was Monday, July 3rd.

JPMorgan Ultra-Short Municipal ETF 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.