Bristlecone Advisors LLC Has $1.95 Million Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Posted by Jared Coughlin on Feb 10th, 2025

Bristlecone Advisors LLC lessened its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,462 shares of the company’s stock after selling 466 shares during the period. Bristlecone Advisors LLC owned 0.07% of JPMorgan Ultra-Short Municipal ETF worth $1,950,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $30,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $80,000. Key Financial Inc raised its stake 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 buying an additional 838 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST opened at $50.81 on Monday. The firm’s 50 day moving average price is $50.79 and its two-hundred 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. 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.

JPMorgan Ultra-Short Municipal ETF 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.