Comprehensive Financial Planning Inc. PA purchased a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) in the second quarter, HoldingsChannel reports. The firm purchased 24,759 shares of the company’s stock, valued at approximately $1,162,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wellington Grp LLC lifted its position in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 532 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter valued at about $34,000. Franklin Resources Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at about $41,000. SHP Wealth Management acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter valued at about $47,000. Finally, Lavaca Capital LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 4th quarter valued at approximately $48,000.
JPMorgan Municipal ETF Stock Down 0.3%
Shares of NYSEARCA JMUB opened at $48.94 on Friday. JPMorgan Municipal ETF has a 52-week low of $48.94 and a 52-week high of $51.34. The business’s 50 day moving average is $49.96 and its two-hundred day moving average is $50.27. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23.
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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