Lodestar Private Asset Management LLC reduced its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 94.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,273 shares of the company’s stock after selling 152,864 shares during the period. Lodestar Private Asset Management LLC’s holdings in JPMorgan Municipal ETF were worth $441,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Oppenheimer & Co. Inc. acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at about $714,000. Park Avenue Securities LLC purchased a new position in JPMorgan Municipal ETF in the 3rd quarter worth approximately $6,316,000. Leslie Global Wealth LLC lifted its stake in JPMorgan Municipal ETF by 14.1% in the 3rd quarter. Leslie Global Wealth LLC now owns 71,489 shares of the company’s stock worth $3,401,000 after purchasing an additional 8,847 shares in the last quarter. Equity Wealth Partners LLC lifted its stake in JPMorgan Municipal ETF by 14.4% in the 3rd quarter. Equity Wealth Partners LLC now owns 54,367 shares of the company’s stock worth $2,587,000 after purchasing an additional 6,848 shares in the last quarter. Finally, Morton Brown Family Wealth LLC acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $1,596,000.
JPMorgan Municipal ETF Price Performance
Shares of JPMorgan Municipal ETF stock opened at $48.88 on Thursday. The stock’s 50 day simple moving average is $48.51 and its 200-day simple moving average is $49.94. The stock has a market cap of $8.85 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 1-year low of $47.20 and a 1-year high of $51.34.
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.
Featured Stories
- Five stocks we like better than JPMorgan Municipal ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Want to see what other hedge funds are holding JMUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report).
Receive News & Ratings for JPMorgan Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
