Sincerus Advisory LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sincerus Advisory LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 8,458 shares of the company’s stock, valued at approximately $429,000.

Several other large investors also recently made changes to their positions in JMST. River Street Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $80,000. Blue Trust Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $82,000. Finally, Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $99,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.89 on Wednesday. The stock’s 50-day moving average is $50.80 and its two-hundred day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

JPMorgan Ultra-Short Municipal ETF Company 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.