Clear Point Advisors Inc. Sells 4,271 Shares of JPMorgan Municipal ETF $JMUB

Clear Point Advisors Inc. decreased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 21.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,072 shares of the company’s stock after selling 4,271 shares during the quarter. Clear Point Advisors Inc.’s holdings in JPMorgan Municipal ETF were worth $798,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. U.S. Capital Wealth Advisors LLC raised its position in JPMorgan Municipal ETF by 2.4% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 8,707 shares of the company’s stock valued at $432,000 after purchasing an additional 208 shares during the last quarter. Brady Martz Wealth Solutions LLC raised its holdings in JPMorgan Municipal ETF by 0.4% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 55,503 shares of the company’s stock valued at $2,775,000 after buying an additional 226 shares during the last quarter. Forum Private Client Group LLC raised its holdings in JPMorgan Municipal ETF by 1.8% in the 1st quarter. Forum Private Client Group LLC now owns 14,808 shares of the company’s stock valued at $740,000 after buying an additional 259 shares during the last quarter. Perennial Advisors LLC boosted its position in JPMorgan Municipal ETF by 2.5% during the 2nd quarter. Perennial Advisors LLC now owns 12,175 shares of the company’s stock worth $604,000 after buying an additional 300 shares during the period. Finally, FMA Wealth Management LLC grew its holdings in JPMorgan Municipal ETF by 0.5% during the 1st quarter. FMA Wealth Management LLC now owns 65,301 shares of the company’s stock worth $3,316,000 after acquiring an additional 323 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $50.38 on Friday. The company has a fifty day moving average price of $49.71 and a 200-day moving average price of $49.57. JPMorgan Municipal ETF has a 52-week low of $47.95 and a 52-week high of $51.31. The company has a market capitalization of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21.

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.