Cambient Family Office LLC Makes New $1 Million Investment in JPMorgan Municipal ETF $JMUB

Cambient Family Office LLC purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,818 shares of the company’s stock, valued at approximately $1,001,000.

Several other institutional investors have also recently made changes to their positions in JMUB. Godsey & Gibb Inc. bought a new position in JPMorgan Municipal ETF during the 4th quarter worth about $27,000. Brown Brothers Harriman & Co. bought a new stake in shares of JPMorgan Municipal ETF in the 4th quarter valued at about $34,000. Goodman Advisory Group LLC bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $37,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $41,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth approximately $44,000.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.48 on Friday. The firm’s 50 day moving average price is $50.33 and its 200-day moving average price is $50.53. JPMorgan Municipal ETF has a 52-week low of $49.06 and a 52-week high of $51.34. The company has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Company Profile

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.