Avaii Wealth Management LLC Sells 929 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Avaii Wealth Management LLC decreased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,323 shares of the company’s stock after selling 929 shares during the period. Avaii Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $574,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. River Street Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $30,000. Legacy Investment Solutions LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $60,000. MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $80,000. Key Financial Inc raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after purchasing an additional 838 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2 %

JMST opened at $50.85 on Friday. The business has a 50 day simple moving average of $50.79 and a 200 day simple moving average of $50.82.

About JPMorgan Ultra-Short Municipal ETF

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.