TruWealth Advisors LLC Acquires 20,813 Shares of JPMorgan Municipal ETF (BATS:JMUB)

TruWealth Advisors LLC raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 17.5% in the fourth quarter, Holdings Channel reports. The fund owned 139,864 shares of the company’s stock after acquiring an additional 20,813 shares during the period. TruWealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $7,014,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JMUB. Family Investment Center Inc. raised its holdings in shares of JPMorgan Municipal ETF by 1.2% during the third quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock worth $1,113,000 after acquiring an additional 254 shares during the period. Stone Point Wealth LLC increased its holdings in JPMorgan Municipal ETF by 3.3% during the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock worth $487,000 after purchasing an additional 300 shares in the last quarter. D Orazio & Associates Inc. raised its stake in shares of JPMorgan Municipal ETF by 6.6% in the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares during the period. WealthCare Investment Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 0.6% in the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares in the last quarter. Finally, Mason & Associates Inc boosted its position in shares of JPMorgan Municipal ETF by 1.1% during the third quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock worth $1,666,000 after buying an additional 343 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $50.10 on Friday. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The company has a 50-day moving average price of $50.44 and a 200 day moving average price of $50.70.

About JPMorgan Municipal ETF

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.