JPMorgan Municipal ETF (BATS:JMUB) Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC grew its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 5.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,478 shares of the company’s stock after acquiring an additional 3,081 shares during the quarter. Mutual Advisors LLC owned 0.20% of JPMorgan Municipal ETF worth $2,823,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its position in shares of JPMorgan Municipal ETF by 18.7% in the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after purchasing an additional 394,199 shares during the last quarter. Marcum Wealth LLC purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth $16,720,000. Raymond James & Associates lifted its stake in shares of JPMorgan Municipal ETF by 40.1% during the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after buying an additional 115,690 shares during the period. Magnus Financial Group LLC grew its holdings in shares of JPMorgan Municipal ETF by 48.6% during the third quarter. Magnus Financial Group LLC now owns 322,192 shares of the company’s stock valued at $16,519,000 after buying an additional 105,360 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at $5,377,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $50.08 on Friday. The stock has a 50-day moving average price of $50.42 and a two-hundred day moving average price of $50.69. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.