Rosenberg Matthew Hamilton lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 63.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,635 shares of the company’s stock after purchasing an additional 12,241 shares during the quarter. JPMorgan Municipal ETF accounts for about 0.4% of Rosenberg Matthew Hamilton’s holdings, making the stock its 29th largest position. Rosenberg Matthew Hamilton’s holdings in JPMorgan Municipal ETF were worth $1,586,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in JMUB. LPL Financial LLC grew its position in shares of JPMorgan Municipal ETF by 18.7% during the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after purchasing an additional 394,199 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in JPMorgan Municipal ETF by 119.7% during the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock valued at $32,748,000 after buying an additional 354,185 shares during the period. Marcum Wealth LLC purchased a new position in JPMorgan Municipal ETF during the fourth quarter worth about $16,720,000. Raymond James & Associates increased its stake in JPMorgan Municipal ETF by 40.1% in the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after acquiring an additional 115,690 shares during the last quarter. Finally, Magnus Financial Group LLC raised its holdings in shares of JPMorgan Municipal ETF by 48.6% in the 3rd quarter. Magnus Financial Group LLC now owns 322,192 shares of the company’s stock valued at $16,519,000 after acquiring an additional 105,360 shares in the last quarter.
JPMorgan Municipal ETF Trading Down 0.0 %
Shares of JMUB opened at $49.83 on Tuesday. The company has a market cap of $1.38 billion, a P/E ratio of 10.22 and a beta of 0.08. The firm’s 50-day simple moving average is $50.47 and its 200-day simple moving average is $50.71.
JPMorgan Municipal ETF 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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