Citadel Advisors LLC grew its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 11.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,263 shares of the company’s stock after acquiring an additional 15,905 shares during the period. Citadel Advisors LLC owned about 0.25% of JPMorgan Municipal ETF worth $7,865,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in JMUB. Wellington Grp LLC raised its position in shares of JPMorgan Municipal ETF by 572.0% during 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. bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at approximately $34,000. Franklin Resources Inc. bought a new position in JPMorgan Municipal ETF during the third quarter valued at approximately $41,000. SHP Wealth Management purchased a new position in JPMorgan Municipal ETF during the 4th quarter valued at approximately $47,000. Finally, Lavaca Capital LLC purchased a new position in JPMorgan Municipal ETF during the 4th quarter valued at approximately $48,000.
JPMorgan Municipal ETF Price Performance
NYSEARCA:JMUB opened at $48.98 on Tuesday. The company 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 has a 1 year low of $48.94 and a 1 year high of $51.34. The stock’s 50 day simple moving average is $49.89 and its two-hundred day simple moving average is $50.24.
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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