Avantax Planning Partners Inc. Has $62.05 Million Holdings in JPMorgan Municipal ETF $JMUB

Avantax Planning Partners Inc. trimmed its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 0.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,241,164 shares of the company’s stock after selling 10,236 shares during the quarter. JPMorgan Municipal ETF comprises about 1.7% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 14th largest holding. Avantax Planning Partners Inc. owned approximately 2.02% of JPMorgan Municipal ETF worth $62,046,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JMUB. Retirement Planning Group LLC grew its position in shares of JPMorgan Municipal ETF by 43.9% during the 1st quarter. Retirement Planning Group LLC now owns 118,963 shares of the company’s stock worth $5,947,000 after purchasing an additional 36,303 shares in the last quarter. Navigate Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF in the first quarter valued at approximately $211,000. Diversify Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF in the first quarter valued at approximately $1,239,000. Fifth Third Bancorp boosted its stake in shares of JPMorgan Municipal ETF by 3,474.0% in the first quarter. Fifth Third Bancorp now owns 42,888 shares of the company’s stock valued at $2,144,000 after buying an additional 41,688 shares during the period. Finally, Summit Financial Strategies Inc. boosted its stake in shares of JPMorgan Municipal ETF by 19.3% in the first quarter. Summit Financial Strategies Inc. now owns 157,489 shares of the company’s stock valued at $7,873,000 after buying an additional 25,446 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of BATS:JMUB opened at $50.35 on Tuesday. The company has a market capitalization of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34. The business’s 50 day simple moving average is $50.35 and its 200 day simple moving average is $50.52.

JPMorgan Municipal ETF 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.