Lodestar Private Asset Management LLC Raises Holdings in JPMorgan Municipal ETF $JMUB

Lodestar Private Asset Management LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 50.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,237 shares of the company’s stock after acquiring an additional 4,445 shares during the period. Lodestar Private Asset Management LLC’s holdings in JPMorgan Municipal ETF were worth $657,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. LPL Financial LLC boosted its position in JPMorgan Municipal ETF by 7.1% in the first quarter. LPL Financial LLC now owns 2,847,971 shares of the company’s stock valued at $142,399,000 after buying an additional 188,645 shares during the last quarter. Meeder Advisory Services Inc. acquired a new position in JPMorgan Municipal ETF in the 1st quarter worth approximately $126,587,000. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Municipal ETF by 9.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,199,520 shares of the company’s stock worth $109,976,000 after buying an additional 190,891 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Municipal ETF by 42.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock worth $94,037,000 after buying an additional 569,892 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan Municipal ETF by 20.5% in the 1st quarter. Raymond James Financial Inc. now owns 1,519,479 shares of the company’s stock worth $75,974,000 after buying an additional 258,686 shares during the period.

JPMorgan Municipal ETF Trading Up 1.4%

Shares of BATS:JMUB opened at $50.50 on Friday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The company’s 50 day moving average is $49.94 and its 200 day moving average is $49.58. The company has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21.

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.