Sterling Financial Group Inc. Takes Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sterling Financial Group Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 9,930 shares of the company’s stock, valued at approximately $504,000.

Other large investors also recently made changes to their positions in the company. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $30,000. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $80,000. Key Financial Inc raised its stake in JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares during the period. Finally, Centaurus Financial Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

JMST opened at $50.77 on Friday. The firm has a fifty day simple moving average of $50.79 and a two-hundred day simple moving average of $50.81.

About JPMorgan Ultra-Short Municipal ETF

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.