Foster & Motley Inc. Purchases Shares of 72,615 JPMorgan Municipal ETF $JMUB

Foster & Motley Inc. bought a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 72,615 shares of the company’s stock, valued at approximately $3,630,000. Foster & Motley Inc. owned approximately 0.12% of JPMorgan Municipal ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of JMUB. JPMorgan Chase & Co. lifted its holdings in JPMorgan Municipal ETF by 1,656.4% in the 4th quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after purchasing an additional 12,818,224 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of JPMorgan Municipal ETF by 44.5% during the 4th quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock valued at $279,362,000 after purchasing an additional 1,702,513 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan Municipal ETF by 29.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock valued at $210,065,000 after purchasing an additional 950,852 shares in the last quarter. Captrust Financial Advisors increased its stake in JPMorgan Municipal ETF by 375.8% in the 3rd quarter. Captrust Financial Advisors now owns 1,061,229 shares of the company’s stock worth $53,560,000 after acquiring an additional 838,165 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of JPMorgan Municipal ETF by 43.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock valued at $113,284,000 after acquiring an additional 683,129 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.62 on Friday. The stock has a market capitalization of $3.11 billion, a PE ratio of 9.96 and a beta of 0.21. The company’s fifty day moving average is $50.35 and its 200 day moving average is $50.53. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34.

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.