Masso Torrence Wealth Management Inc. Has $746,000 Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Masso Torrence Wealth Management Inc. grew its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,646 shares of the company’s stock after buying an additional 2,965 shares during the period. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $746,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Park Avenue Securities LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 25.8% in the 1st quarter. Park Avenue Securities LLC now owns 7,322 shares of the company’s stock valued at $372,000 after acquiring an additional 1,503 shares in the last quarter. Webster Bank N. A. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.4% in the 1st quarter. Webster Bank N. A. now owns 11,816 shares of the company’s stock valued at $600,000 after acquiring an additional 500 shares during the period. Kathleen S. Wright Associates Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 36,743 shares of the company’s stock valued at $1,864,000 after purchasing an additional 682 shares during the period. Narus Financial Partners LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 7.1% in the 1st quarter. Narus Financial Partners LLC now owns 57,312 shares of the company’s stock valued at $2,908,000 after purchasing an additional 3,777 shares during the last quarter. Finally, CAP Partners LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth approximately $245,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock traded up $0.01 during midday trading on Friday, reaching $50.81. 409,416 shares of the company were exchanged. The stock’s 50 day simple moving average is $50.86 and its 200-day simple moving average is $50.76.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.