Capital Advisors Wealth Management LLC cut its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,961 shares of the company’s stock after selling 1,582 shares during the period. Capital Advisors Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $750,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in JMUB. Mason & Associates Inc grew its holdings in JPMorgan Municipal ETF by 2.4% during the fourth quarter. Mason & Associates Inc now owns 33,259 shares of the company’s stock worth $1,668,000 after buying an additional 773 shares in the last quarter. StrongBox Wealth LLC boosted its holdings in JPMorgan Municipal ETF by 108.9% during the 4th quarter. StrongBox Wealth LLC now owns 15,247 shares of the company’s stock worth $765,000 after acquiring an additional 7,947 shares during the last quarter. ERn Financial LLC grew its stake in shares of JPMorgan Municipal ETF by 1.7% in the 4th quarter. ERn Financial LLC now owns 32,879 shares of the company’s stock worth $1,649,000 after acquiring an additional 553 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $215,000. Finally, Breakwater Capital Group bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at about $1,029,000.
JPMorgan Municipal ETF Stock Up 0.4 %
Shares of JMUB stock opened at $49.97 on Friday. The company has a market cap of $1.39 billion, a P/E ratio of 10.22 and a beta of 0.08. The stock has a 50-day moving average price of $50.45 and a 200-day moving average price of $50.69.
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.
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