Synovus Financial Corp Raises Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Synovus Financial Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 92.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,606 shares of the company’s stock after buying an additional 54,117 shares during the period. Synovus Financial Corp owned about 0.22% of JPMorgan Ultra-Short Municipal ETF worth $5,736,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 7,537.1% during the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock worth $6,287,000 after acquiring an additional 121,800 shares during the last quarter. Private Advisor Group LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after buying an additional 1,434 shares during the period. Raymond James & Associates lifted its position in JPMorgan Ultra-Short Municipal ETF by 3.3% in the second 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. Harbour Investments Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after buying an additional 238 shares during the period. Finally, Krilogy Financial LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $518,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

Shares of JMST opened at $50.79 on Friday. The company has a fifty day moving average price of $50.80 and a two-hundred day moving average price of $50.79.

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.