Bluedoor Private Wealth LLC Invests $692,000 in JPMorgan Municipal ETF $JMUB

Bluedoor Private Wealth LLC purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,700 shares of the company’s stock, valued at approximately $692,000.

Several other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Municipal ETF by 1,656.4% during the 4th quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after acquiring an additional 12,818,224 shares in the last quarter. LPL Financial LLC boosted its stake 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 worth $279,362,000 after acquiring an additional 1,702,513 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of JPMorgan Municipal ETF by 29.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock worth $210,065,000 after acquiring an additional 950,852 shares in the last quarter. Meeder Advisory Services Inc. boosted its stake in shares of JPMorgan Municipal ETF by 9.4% during the 4th quarter. Meeder Advisory Services Inc. now owns 3,217,485 shares of the company’s stock worth $162,483,000 after acquiring an additional 277,270 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Municipal ETF by 7.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,717,626 shares of the company’s stock worth $137,566,000 after acquiring an additional 176,736 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $50.38 on Tuesday. The company has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The stock has a 50-day moving average of $50.31 and a 200-day moving average of $50.53. JPMorgan Municipal ETF has a 52-week low of $49.06 and a 52-week high of $51.34.

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.