JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by Diversified Portfolios Inc.

Diversified Portfolios Inc. lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 19.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,444 shares of the company’s stock after acquiring an additional 23,754 shares during the quarter. JPMorgan Municipal ETF comprises approximately 0.8% of Diversified Portfolios Inc.’s holdings, making the stock its 29th biggest holding. Diversified Portfolios Inc. owned approximately 0.28% of JPMorgan Municipal ETF worth $7,372,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,114 shares of the company’s stock valued at $708,000 after acquiring an additional 205 shares in the last quarter. Brady Martz Wealth Solutions LLC lifted its holdings in shares of JPMorgan Municipal ETF by 0.4% during the 1st quarter. Brady Martz Wealth Solutions LLC now owns 55,503 shares of the company’s stock valued at $2,775,000 after acquiring an additional 226 shares in the last quarter. Gryphon Financial Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 4.2% during the 4th quarter. Gryphon Financial Partners LLC now owns 6,045 shares of the company’s stock valued at $303,000 after acquiring an additional 245 shares in the last quarter. FMA Wealth Management LLC lifted its holdings in shares of JPMorgan Municipal ETF by 0.5% during the 1st quarter. FMA Wealth Management LLC now owns 65,301 shares of the company’s stock valued at $3,316,000 after acquiring an additional 323 shares in the last quarter. Finally, Vista Investment Management lifted its holdings in shares of JPMorgan Municipal ETF by 2.4% during the 4th quarter. Vista Investment Management now owns 16,220 shares of the company’s stock valued at $813,000 after acquiring an additional 380 shares in the last quarter.

JPMorgan Municipal ETF Trading Down 0.6%

BATS:JMUB opened at $49.51 on Monday. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm’s fifty day simple moving average is $49.35 and its 200 day simple moving average is $49.91. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month 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.