Western Wealth Management LLC Has $247,000 Stock Position in JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST)

Western Wealth Management LLC lowered its position in shares of JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST) by 27.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,861 shares of the company’s stock after selling 1,830 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal Income ETF were worth $247,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Macroview Investment Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal Income ETF in the 4th quarter valued at about $30,000. LWM Advisory Services LLC acquired a new stake in JPMorgan Ultra-Short Municipal Income ETF in the 3rd quarter valued at about $38,000. CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal Income ETF in the 4th quarter valued at about $75,000. AdvisorNet Financial Inc increased its position in JPMorgan Ultra-Short Municipal Income ETF by 38.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock valued at $100,000 after acquiring an additional 548 shares in the last quarter. Finally, Tyler Stone Wealth Management increased its position in JPMorgan Ultra-Short Municipal Income ETF by 33.3% in the 3rd quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock valued at $161,000 after acquiring an additional 800 shares in the last quarter.

JPMorgan Ultra-Short Municipal Income ETF Price Performance

JMST opened at $50.66 on Tuesday. The company has a fifty day moving average of $50.69 and a 200-day moving average of $50.65.

JPMorgan Ultra-Short Municipal Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1399 dividend. The ex-dividend date was 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.