Assetmark Inc. cut its position in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 619,097 shares of the company’s stock after selling 9,965 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Municipal ETF were worth $30,949,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Godsey & Gibb Inc. purchased a new position in JPMorgan Municipal ETF in the fourth quarter valued at approximately $27,000. Brown Brothers Harriman & Co. purchased a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at $34,000. Franklin Resources Inc. purchased a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at $41,000. N.E.W. Advisory Services LLC acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at $44,000. Finally, SHP Wealth Management acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at $47,000.
JPMorgan Municipal ETF Trading Up 0.0%
Shares of JPMorgan Municipal ETF stock opened at $50.21 on Friday. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The company has a fifty day moving average price of $50.34 and a 200 day moving average price of $50.51.
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.
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