Apella Capital LLC Purchases New Position in JPMorgan Municipal ETF $JMUB

Apella Capital LLC acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 45,288 shares of the company’s stock, valued at approximately $2,288,000.

Other large investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC increased its stake in JPMorgan Municipal ETF by 2.5% during the 4th quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock worth $420,000 after purchasing an additional 202 shares in the last quarter. MB Levis & Associates LLC boosted its holdings in JPMorgan Municipal ETF by 11.2% during the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after purchasing an additional 203 shares during the last quarter. KFA Private Wealth Group LLC grew its position in JPMorgan Municipal ETF by 4.3% in the fourth quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock valued at $294,000 after purchasing an additional 242 shares in the last quarter. Calton & Associates Inc. grew its position in JPMorgan Municipal ETF by 3.3% in the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after purchasing an additional 270 shares in the last quarter. Finally, Advisory Services Network LLC grew its position in JPMorgan Municipal ETF by 1.0% in the fourth quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock valued at $1,654,000 after purchasing an additional 312 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of JMUB stock opened at $50.59 on Friday. The firm’s fifty day moving average price is $50.35 and its two-hundred day moving average price is $50.53. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34. The firm has a market capitalization of $3.10 billion, a P/E 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.