Bleakley Financial Group LLC Invests $1.08 Million in JPMorgan Municipal ETF $JMUB

Bleakley Financial Group LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 21,445 shares of the company’s stock, valued at approximately $1,083,000.

Several other institutional investors and hedge funds have also made changes to their positions in JMUB. Godsey & Gibb Inc. bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $27,000. Goodman Advisory Group LLC bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $37,000. Franklin Resources Inc. bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $41,000. N.E.W. Advisory Services LLC bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $44,000. Finally, Archer Investment Corp bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $58,000.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $50.47 on Friday. The business has a 50-day moving average price of $50.23 and a 200 day moving average price of $50.56. The company has a market capitalization of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-year high of $51.34.

About JPMorgan Municipal ETF

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.