Breakwater Capital Group Makes New Investment in JPMorgan Municipal ETF (BATS:JMUB)

Breakwater Capital Group bought a new position in JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, HoldingsChannel.com reports. The fund bought 20,524 shares of the company’s stock, valued at approximately $1,029,000.

Other large investors also recently modified their holdings of the company. Family Investment Center Inc. boosted its holdings in JPMorgan Municipal ETF by 1.2% in the third quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after acquiring an additional 254 shares during the last quarter. Stone Point Wealth LLC boosted its stake in shares of JPMorgan Municipal ETF by 3.3% in the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares during the last quarter. D Orazio & Associates Inc. grew its position in shares of JPMorgan Municipal ETF by 6.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock worth $255,000 after buying an additional 308 shares during the period. WealthCare Investment Partners LLC raised its stake in shares of JPMorgan Municipal ETF by 0.6% during the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock worth $2,979,000 after buying an additional 333 shares during the last quarter. Finally, Mason & Associates Inc raised its stake in shares of JPMorgan Municipal ETF by 1.1% during the third quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock worth $1,666,000 after buying an additional 343 shares during the last quarter.

JPMorgan Municipal ETF Trading Down 0.0 %

Shares of JMUB stock opened at $49.83 on Tuesday. The firm has a 50-day simple moving average of $50.47 and a 200 day simple moving average of $50.71. The company has a market capitalization of $1.38 billion, a PE ratio of 10.22 and a beta of 0.08.

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.