Opal Wealth Advisors LLC Has $8.13 Million Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Posted by Carolyn Dwyer on Feb 10th, 2025

Opal Wealth Advisors LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,354 shares of the company’s stock after selling 4,453 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises about 2.4% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Opal Wealth Advisors LLC owned approximately 0.31% of JPMorgan Ultra-Short Municipal ETF worth $8,132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JMST. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $60,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $80,000. Key Financial Inc grew its stake in JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after buying an additional 838 shares during the last quarter. Finally, Continuum Advisory LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $217,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.81 on Monday. The company’s 50-day moving average price is $50.79 and its 200-day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.