JPMorgan Municipal ETF $JMUB Stake Lifted by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 8.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 775,337 shares of the company’s stock after acquiring an additional 58,732 shares during the quarter. JPMorgan Municipal ETF comprises about 0.8% of CENTRAL TRUST Co’s investment portfolio, making the stock its 29th biggest holding. CENTRAL TRUST Co owned 1.26% of JPMorgan Municipal ETF worth $38,759,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TBH Global Asset Management LLC boosted its position in shares of JPMorgan Municipal ETF by 1,180.8% during the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock valued at $17,810,000 after purchasing an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC raised its holdings in shares of JPMorgan Municipal ETF by 10.9% in the 4th quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after purchasing an additional 34,931 shares in the last quarter. Founders Financial Securities LLC raised its holdings in shares of JPMorgan Municipal ETF by 19.3% in the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after purchasing an additional 30,843 shares in the last quarter. Breakwater Capital Group lifted its stake in JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock valued at $2,742,000 after purchasing an additional 12,428 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new stake in JPMorgan Municipal ETF during the fourth quarter valued at approximately $1,929,000.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB opened at $50.49 on Wednesday. The stock has a market capitalization of $3.10 billion, a price-to-earnings 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. The company has a 50 day moving average price of $50.34 and a 200 day moving average price of $50.52.

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.