JPMorgan Municipal ETF $JMUB Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 4.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 294,227 shares of the company’s stock after purchasing an additional 12,554 shares during the quarter. Apollon Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $14,708,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JMUB. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth approximately $27,000. Brown Brothers Harriman & Co. purchased a new stake in JPMorgan Municipal ETF in the 4th quarter valued at approximately $34,000. Goodman Advisory Group LLC purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at approximately $37,000. Franklin Resources Inc. acquired a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at $41,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in JPMorgan Municipal ETF during the 4th quarter valued at $44,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.62 on Monday. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The stock has a fifty day moving average of $50.35 and a two-hundred day moving average of $50.53.

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.