Ameritas Advisory Services LLC Cuts Position in JPMorgan Municipal ETF $JMUB

Ameritas Advisory Services LLC lessened its holdings in JPMorgan Municipal ETF (BATS:JMUBFree Report) by 38.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,407 shares of the company’s stock after selling 61,096 shares during the period. Ameritas Advisory Services LLC’s holdings in JPMorgan Municipal ETF were worth $4,919,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GGM Financials LLC raised its holdings in shares of JPMorgan Municipal ETF by 16.2% in the 4th quarter. GGM Financials LLC now owns 9,737 shares of the company’s stock worth $492,000 after purchasing an additional 1,360 shares during the period. Bailard Inc. lifted its position in shares of JPMorgan Municipal ETF by 4.2% during the fourth quarter. Bailard Inc. now owns 794,545 shares of the company’s stock worth $40,125,000 after acquiring an additional 31,886 shares in the last quarter. 49 Wealth Management LLC lifted its position in shares of JPMorgan Municipal ETF by 35.8% during the fourth quarter. 49 Wealth Management LLC now owns 35,627 shares of the company’s stock worth $1,799,000 after acquiring an additional 9,383 shares in the last quarter. Brio Consultants LLC lifted its position in shares of JPMorgan Municipal ETF by 4.1% during the fourth quarter. Brio Consultants LLC now owns 132,163 shares of the company’s stock worth $6,674,000 after acquiring an additional 5,145 shares in the last quarter. Finally, Drive Wealth Management LLC lifted its position in shares of JPMorgan Municipal ETF by 42.7% during the fourth quarter. Drive Wealth Management LLC now owns 9,801 shares of the company’s stock worth $496,000 after acquiring an additional 2,935 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.26 on Wednesday. The company has a market cap of $3.08 billion, a P/E ratio of 9.96 and a beta of 0.21. The stock’s fifty day moving average price is $50.37 and its two-hundred day moving average price is $50.61. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34.

About JPMorgan Municipal ETF

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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