PW Advisors LLC FL increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 10.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 297,350 shares of the company’s stock after acquiring an additional 27,224 shares during the period. JPMorgan Municipal ETF makes up about 11.1% of PW Advisors LLC FL’s portfolio, making the stock its 4th largest holding. PW Advisors LLC FL owned 0.48% of JPMorgan Municipal ETF worth $14,865,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of JMUB. Godsey & Gibb Inc. purchased a new position in JPMorgan Municipal ETF during the fourth quarter worth approximately $27,000. Brown Brothers Harriman & Co. purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $34,000. Goodman Advisory Group LLC purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $37,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $41,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth approximately $44,000.
JPMorgan Municipal ETF Price Performance
Shares of BATS:JMUB opened at $50.52 on Thursday. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The business’s 50 day moving average price is $50.36 and its 200-day moving average price is $50.53.
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.
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