Hill Island Financial LLC Reduces Stock Position in JPMorgan Municipal ETF $JMUB

Hill Island Financial LLC cut its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,746 shares of the company’s stock after selling 273 shares during the period. Hill Island Financial LLC’s holdings in JPMorgan Municipal ETF were worth $484,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of JMUB. U.S. Capital Wealth Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.4% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 8,707 shares of the company’s stock worth $432,000 after acquiring an additional 208 shares during the period. Brady Martz Wealth Solutions LLC boosted its position in JPMorgan Municipal ETF by 0.4% in the first quarter. Brady Martz Wealth Solutions LLC now owns 55,503 shares of the company’s stock worth $2,775,000 after purchasing an additional 226 shares during the last quarter. Forum Private Client Group LLC grew its stake in shares of JPMorgan Municipal ETF by 1.8% during the 1st quarter. Forum Private Client Group LLC now owns 14,808 shares of the company’s stock valued at $740,000 after purchasing an additional 259 shares during the period. Perennial Advisors LLC increased its position in shares of JPMorgan Municipal ETF by 2.5% during the 2nd quarter. Perennial Advisors LLC now owns 12,175 shares of the company’s stock valued at $604,000 after purchasing an additional 300 shares during the last quarter. Finally, FMA Wealth Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 0.5% in the 1st quarter. FMA Wealth Management LLC now owns 65,301 shares of the company’s stock worth $3,316,000 after purchasing an additional 323 shares during the period.

JPMorgan Municipal ETF Trading Up 1.1%

Shares of BATS JMUB opened at $50.36 on Friday. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.31. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm has a 50 day moving average of $49.83 and a 200 day moving average of $49.57.

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.