AdvisorNet Financial Inc Has $6.73 Million Stake in JPMorgan Municipal ETF $JMUB

AdvisorNet Financial Inc raised its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 24.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 134,662 shares of the company’s stock after acquiring an additional 26,423 shares during the quarter. AdvisorNet Financial Inc’s holdings in JPMorgan Municipal ETF were worth $6,732,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. TBH Global Asset Management LLC increased its stake in shares of JPMorgan Municipal ETF by 1,180.8% in the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock valued at $17,810,000 after acquiring an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC boosted its stake in JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after acquiring an additional 34,931 shares in the last quarter. Breakwater Capital Group boosted its stake in JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after acquiring an additional 12,428 shares in the last quarter. Founders Financial Securities LLC grew its holdings in JPMorgan Municipal ETF by 19.3% in the first quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after purchasing an additional 30,843 shares during the period. Finally, Cyndeo Wealth Partners LLC acquired a new stake in JPMorgan Municipal ETF in the fourth quarter worth $1,929,000.

JPMorgan Municipal ETF Trading Up 0.0%

JMUB opened at $50.49 on Tuesday. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-year high of $51.34. The company has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. The company has a fifty day moving average price of $50.34 and a two-hundred day moving average price of $50.53.

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.