Flputnam Investment Management Co. Sells 1,650 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Flputnam Investment Management Co. lowered its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,775 shares of the company’s stock after selling 1,650 shares during the period. Flputnam Investment Management Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $242,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. LWM Advisory Services LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $38,000. Advisory Services Network LLC raised 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 purchasing an additional 250 shares during the period. CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $75,000. Bessemer Group Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $81,000. Finally, AdvisorNet Financial Inc increased its position in JPMorgan Ultra-Short Municipal ETF by 38.1% during the third quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock worth $100,000 after buying an additional 548 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

JMST opened at $50.67 on Friday. The company has a 50-day simple moving average of $50.69 and a 200 day simple moving average of $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, April 1st.

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.