Oak Harvest Investment Services Buys 10,352 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Oak Harvest Investment Services boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 190,276 shares of the company’s stock after acquiring an additional 10,352 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up about 1.3% of Oak Harvest Investment Services’ investment portfolio, making the stock its 21st largest position. Oak Harvest Investment Services’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $9,649,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2 %

JMST opened at $50.89 on Friday. The company has a 50-day simple moving average of $50.80 and a 200 day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF 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.