Ascentis Independent Advisors Raises Holdings in JPMorgan Municipal ETF $JMUB

Ascentis Independent Advisors boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 239.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,486 shares of the company’s stock after purchasing an additional 32,087 shares during the quarter. Ascentis Independent Advisors’ holdings in JPMorgan Municipal ETF were worth $2,274,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Seascape Capital Management grew its holdings in shares of JPMorgan Municipal ETF by 90.6% during the first quarter. Seascape Capital Management now owns 30,500 shares of the company’s stock worth $1,525,000 after buying an additional 14,500 shares in the last quarter. Pennsylvania Capital Management Inc. ADV raised its position in shares of JPMorgan Municipal ETF by 4.9% in the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock valued at $246,000 after buying an additional 230 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF by 85.0% in the first quarter. Walkner Condon Financial Advisors LLC now owns 58,759 shares of the company’s stock worth $2,937,000 after buying an additional 27,000 shares in the last quarter. Syntegra Private Wealth Group LLC lifted its stake in shares of JPMorgan Municipal ETF by 2.9% in the first quarter. Syntegra Private Wealth Group LLC now owns 217,554 shares of the company’s stock worth $10,876,000 after buying an additional 6,233 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in JPMorgan Municipal ETF by 30.1% during the first quarter. Private Advisor Group LLC now owns 207,543 shares of the company’s stock worth $10,375,000 after acquiring an additional 47,972 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 0.0%

Shares of BATS JMUB opened at $50.57 on Tuesday. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34. The stock has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The company has a 50-day moving average of $50.36 and a 200 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.