Marshall Financial Group LLC Buys 8,491 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Marshall Financial Group LLC lifted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 170.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,477 shares of the company’s stock after acquiring an additional 8,491 shares during the quarter. Marshall Financial Group LLC’s holdings in JPMorgan Municipal ETF were worth $674,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. LPL Financial LLC raised its stake in shares of JPMorgan Municipal ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 2,659,326 shares of the company’s stock worth $133,365,000 after purchasing an additional 152,578 shares in the last quarter. Raymond James Financial Inc. acquired a new position in JPMorgan Municipal ETF during the fourth quarter worth $63,229,000. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Municipal ETF by 45.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,115,291 shares of the company’s stock worth $55,932,000 after acquiring an additional 346,741 shares in the last quarter. HighTower Advisors LLC raised its position in JPMorgan Municipal ETF by 147.4% during the fourth quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock worth $50,136,000 after acquiring an additional 595,710 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in JPMorgan Municipal ETF by 9.6% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock valued at $46,378,000 after acquiring an additional 81,180 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $49.40 on Friday. The company’s 50-day moving average is $49.29 and its 200-day moving average is $49.97. The firm has a market capitalization of $2.84 billion, a PE ratio of 9.96 and a beta of 0.22. JPMorgan Municipal ETF has a fifty-two week low of $47.95 and a fifty-two week high of $51.31.

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.