JPMorgan Municipal ETF $JMUB Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 21.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,598 shares of the company’s stock after selling 1,000 shares during the period. Geneos Wealth Management Inc.’s holdings in JPMorgan Municipal ETF were worth $180,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in JPMorgan Municipal ETF by 49.2% during the 1st quarter. Jane Street Group LLC now owns 259,146 shares of the company’s stock valued at $12,957,000 after purchasing an additional 85,412 shares in the last quarter. SageView Advisory Group LLC acquired a new stake in JPMorgan Municipal ETF during the 1st quarter valued at $319,000. Signature Estate & Investment Advisors LLC grew its holdings in JPMorgan Municipal ETF by 5.7% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 215,927 shares of the company’s stock valued at $10,796,000 after purchasing an additional 11,721 shares in the last quarter. Obsidian Personal Planning Solutions LLC grew its holdings in JPMorgan Municipal ETF by 2.0% during the 1st quarter. Obsidian Personal Planning Solutions LLC now owns 68,082 shares of the company’s stock valued at $3,384,000 after purchasing an additional 1,311 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in JPMorgan Municipal ETF by 16.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 348,460 shares of the company’s stock valued at $17,423,000 after purchasing an additional 48,645 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.5%

JMUB opened at $50.55 on Wednesday. The company has a fifty day simple moving average of $49.53 and a 200 day simple moving average of $49.56. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31.

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.