Rosenberg Matthew Hamilton cut its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 41.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,081 shares of the company’s stock after selling 104,635 shares during the period. JPMorgan Municipal ETF makes up approximately 1.2% of Rosenberg Matthew Hamilton’s holdings, making the stock its 14th biggest position. Rosenberg Matthew Hamilton’s holdings in JPMorgan Municipal ETF were worth $6,903,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Founders Financial Securities LLC boosted its stake in shares of JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after acquiring an additional 30,843 shares in the last quarter. JNBA Financial Advisors acquired a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $964,000. CENTRAL TRUST Co raised its holdings in JPMorgan Municipal ETF by 8.2% during the 1st quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock worth $38,759,000 after buying an additional 58,732 shares during the period. Wesbanco Bank Inc. raised its holdings in JPMorgan Municipal ETF by 151.9% during the 1st quarter. Wesbanco Bank Inc. now owns 36,103 shares of the company’s stock worth $1,805,000 after buying an additional 21,768 shares during the period. Finally, HB Wealth Management LLC purchased a new stake in JPMorgan Municipal ETF during the second quarter valued at about $730,906,000.
JPMorgan Municipal ETF Stock Up 0.2%
Shares of JMUB traded up $0.10 during mid-day trading on Monday, reaching $47.64. The company’s stock had a trading volume of 3,872,147 shares, compared to its average volume of 1,221,208. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. The business has a fifty day moving average of $49.11 and a 200 day moving average of $49.88. 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 Articles
- Five stocks we like better than JPMorgan Municipal ETF
- NVIDIA’s Record High Raises a Bigger Question About How Far the Rally Can Run
- A Manufacturing Surprise Could Be a Big Win for These 2 Companies
- What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions
- 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks
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.
