JPMorgan Municipal ETF (BATS:JMUB) Shares Bought by Hartford Financial Management Inc.

Hartford Financial Management Inc. lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 13.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 263,507 shares of the company’s stock after acquiring an additional 30,749 shares during the period. JPMorgan Municipal ETF makes up approximately 2.7% of Hartford Financial Management Inc.’s holdings, making the stock its 4th biggest holding. Hartford Financial Management Inc.’s holdings in JPMorgan Municipal ETF were worth $13,215,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of JMUB. Raymond James & Associates increased its stake in JPMorgan Municipal ETF by 40.1% during the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after purchasing an additional 115,690 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of JPMorgan Municipal ETF by 33.3% during the third quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after acquiring an additional 2,272 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $208,000. Cahill Financial Advisors Inc. bought a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $267,000. Finally, Jane Street Group LLC boosted its stake in JPMorgan Municipal ETF by 95.9% in the 3rd quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock worth $1,587,000 after purchasing an additional 15,146 shares during the period.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.42 on Friday. The firm has a market cap of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08. The firm has a 50-day moving average price of $50.40 and a 200-day moving average price of $50.68.

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.