Confluence Wealth Services Inc. Has $401,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Confluence Wealth Services Inc. lessened its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 64.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 7,900 shares of the company’s stock after selling 14,200 shares during the quarter. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Macroview Investment Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $30,000. LWM Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $38,000. GAMMA Investing LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $50,000. Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $51,000. Finally, CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $75,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

BATS JMST traded down $0.01 during trading on Tuesday, reaching $50.69. The company’s stock had a trading volume of 248,457 shares. The company has a 50 day moving average of $50.69 and a 200 day moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, April 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.