JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Holdings Lessened by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 43.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,250 shares of the company’s stock after selling 5,500 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $368,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JMST. Macroview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $30,000. LWM Advisory Services LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $38,000. CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $75,000. Tyler Stone Wealth Management boosted its stake in JPMorgan Ultra-Short Municipal ETF by 33.3% during the third quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock worth $161,000 after buying an additional 800 shares in the last quarter. Finally, West Paces Advisors Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 16.4% during the fourth quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after buying an additional 495 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST traded down $0.01 on Tuesday, hitting $50.69. The stock had a trading volume of 248,457 shares. The company has a fifty day moving average of $50.69 and a 200 day moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.