Avantax Planning Partners Inc. Boosts Stake in JPMorgan Municipal ETF $JMUB

Avantax Planning Partners Inc. lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 88.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,160,184 shares of the company’s stock after buying an additional 545,783 shares during the period. JPMorgan Municipal ETF makes up 1.7% of Avantax Planning Partners Inc.’s portfolio, making the stock its 13th biggest position. Avantax Planning Partners Inc. owned about 1.89% of JPMorgan Municipal ETF worth $58,554,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in JPMorgan Municipal ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after acquiring an additional 10,823 shares during the period. AQR Capital Management LLC raised its holdings in shares of JPMorgan Municipal ETF by 37.4% during the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after purchasing an additional 2,927 shares during the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of JPMorgan Municipal ETF during the second quarter valued at approximately $25,000. Genesis Private Wealth LLC lifted its position in JPMorgan Municipal ETF by 14.2% during the second quarter. Genesis Private Wealth LLC now owns 5,186 shares of the company’s stock valued at $257,000 after purchasing an additional 644 shares during the period. Finally, Olympus Wealth Management LLC boosted its holdings in JPMorgan Municipal ETF by 2.8% in the second quarter. Olympus Wealth Management LLC now owns 117,149 shares of the company’s stock worth $5,815,000 after purchasing an additional 3,199 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 1.9%

BATS:JMUB opened at $50.73 on Monday. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The company has a market cap of $3.11 billion, a PE ratio of 9.96 and a beta of 0.21. The company has a 50 day simple moving average of $50.64 and a two-hundred day simple moving average of $50.23.

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.