14,915 Shares in JPMorgan Municipal ETF $JMUB Acquired by Carter Financial LLC

Carter Financial LLC acquired a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,915 shares of the company’s stock, valued at approximately $753,000. JPMorgan Municipal ETF accounts for 0.7% of Carter Financial LLC’s holdings, making the stock its 12th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in JMUB. Godsey & Gibb Inc. purchased a new stake in JPMorgan Municipal ETF in the fourth quarter valued at approximately $27,000. Brown Brothers Harriman & Co. acquired a new position in JPMorgan Municipal ETF during the fourth quarter worth $34,000. Goodman Advisory Group LLC purchased a new position in shares of JPMorgan Municipal ETF during the third quarter worth $37,000. Franklin Resources Inc. purchased a new position in shares of JPMorgan Municipal ETF during the third quarter worth $41,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at $44,000.

JPMorgan Municipal ETF Stock Performance

Shares of BATS JMUB opened at $50.48 on Friday. The stock has a market capitalization of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The stock has a fifty day simple moving average of $50.33 and a 200-day simple moving average of $50.53.

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.