JPMorgan Municipal ETF $JMUB Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 30.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,543 shares of the company’s stock after acquiring an additional 47,972 shares during the period. Private Advisor Group LLC owned 0.34% of JPMorgan Municipal ETF worth $10,375,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMUB. Axis Wealth Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 24.0% during the first quarter. Axis Wealth Partners LLC now owns 8,954 shares of the company’s stock worth $448,000 after purchasing an additional 1,731 shares during the period. Northwest Financial Advisors acquired a new stake in shares of JPMorgan Municipal ETF in the 1st quarter worth $219,000. PW Advisors LLC FL lifted its stake in shares of JPMorgan Municipal ETF by 10.1% in the 1st quarter. PW Advisors LLC FL now owns 297,350 shares of the company’s stock worth $14,865,000 after acquiring an additional 27,224 shares during the period. Family Investment Center Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 10.3% in the first quarter. Family Investment Center Inc. now owns 12,903 shares of the company’s stock valued at $645,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 96.0% in the first quarter. Moss Adams Wealth Advisors LLC now owns 56,671 shares of the company’s stock valued at $2,833,000 after acquiring an additional 27,762 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.55 on Monday. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52-week low of $49.06 and a 52-week high of $51.34. The company’s 50-day simple moving average is $50.36 and its 200-day simple moving average is $50.53.

JPMorgan Municipal ETF 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.