Boyum Wealth Architects LLC bought a new stake in JPMorgan Municipal ETF (BATS:JMUB – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 11,101 shares of the company’s stock, valued at approximately $563,000.
Other institutional investors also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new position in JPMorgan Municipal ETF in the 3rd quarter valued at about $37,000. Franklin Resources Inc. purchased a new position in JPMorgan Municipal ETF in the third quarter worth approximately $41,000. Archer Investment Corp purchased a new position in JPMorgan Municipal ETF in the third quarter worth approximately $58,000. Blue Trust Inc. acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at approximately $60,000. Finally, Fifth Third Bancorp acquired a new position in JPMorgan Municipal ETF in the third quarter valued at approximately $61,000.
JPMorgan Municipal ETF Trading Up 0.3%
JMUB stock opened at $50.53 on Friday. JPMorgan Municipal ETF has a twelve month low of $48.80 and a twelve month high of $51.34. The business has a 50 day simple moving average of $50.57 and a 200-day simple moving average of $50.61. The company has a market capitalization of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21.
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.
Further Reading
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