Krilogy Financial LLC Purchases Shares of 10,210 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Krilogy Financial LLC bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,210 shares of the company’s stock, valued at approximately $518,000.

Several other institutional investors have also recently made changes to their positions in the company. Focus Financial Network Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 25.3% in the 2nd quarter. Focus Financial Network Inc. now owns 82,387 shares of the company’s stock worth $4,184,000 after acquiring an additional 16,628 shares in the last quarter. Eagle Bluffs Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.9% in the 2nd quarter. Eagle Bluffs Wealth Management LLC now owns 16,070 shares of the company’s stock worth $815,000 after buying an additional 453 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $264,000. Chesley Taft & Associates LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 71.5% in the 2nd quarter. Chesley Taft & Associates LLC now owns 68,335 shares of the company’s stock worth $3,468,000 after buying an additional 28,500 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.3% in the 2nd quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock worth $9,498,000 after buying an additional 6,055 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST traded down $0.02 during midday trading on Wednesday, reaching $50.87. The company had a trading volume of 690,481 shares. The stock has a 50-day simple moving average of $50.76 and a 200 day simple moving average of $50.71.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a $0.1405 dividend. The ex-dividend date was Monday, July 1st.

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.