JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Position Raised by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,605 shares of the company’s stock after buying an additional 361 shares during the quarter. Prospera Financial Services Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,202,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in JMST. Bessemer Group Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $209,000. CreativeOne Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $376,000. BOKF NA bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter worth $535,000. Ancora Advisors LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 4.6% during the first quarter. Ancora Advisors LLC now owns 26,586 shares of the company’s stock valued at $1,349,000 after buying an additional 1,165 shares in the last quarter. Finally, Atria Investments Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at approximately $1,650,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Friday. The business has a fifty day moving average price of $50.82 and a two-hundred day moving average price of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.1451 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.