Summit Wealth Partners LLC Boosts Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Summit Wealth Partners LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 68.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,067 shares of the company’s stock after acquiring an additional 8,588 shares during the period. Summit Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,068,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 22.7% during the 4th quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock valued at $874,000 after purchasing an additional 3,192 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock worth $6,287,000 after acquiring an additional 121,800 shares during the period. Private Advisor Group LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock worth $3,998,000 after acquiring an additional 1,434 shares during the period. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after acquiring an additional 70,821 shares during the period. Finally, Townsquare Capital LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 29.3% in the third quarter. Townsquare Capital LLC now owns 9,815 shares of the company’s stock worth $500,000 after acquiring an additional 2,227 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST stock opened at $50.82 on Thursday. The firm’s 50 day moving average price is $50.80 and its two-hundred day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.