5T Wealth LLC Raises Stake in JPMorgan Municipal ETF $JMUB

5T Wealth LLC increased its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 115.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 58,086 shares of the company’s stock after purchasing an additional 31,134 shares during the period. JPMorgan Municipal ETF accounts for 1.2% of 5T Wealth LLC’s investment portfolio, making the stock its 25th largest position. 5T Wealth LLC owned about 0.09% of JPMorgan Municipal ETF worth $2,933,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Municipal ETF by 34.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,208,854 shares of the company’s stock valued at $161,951,000 after acquiring an additional 826,847 shares in the last quarter. Meeder Advisory Services Inc. raised its holdings in shares of JPMorgan Municipal ETF by 7.9% in the 3rd quarter. Meeder Advisory Services Inc. now owns 2,940,215 shares of the company’s stock valued at $148,393,000 after acquiring an additional 214,112 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Municipal ETF by 7.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,717,626 shares of the company’s stock valued at $137,566,000 after acquiring an additional 176,736 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of JPMorgan Municipal ETF by 43.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock valued at $113,284,000 after acquiring an additional 683,129 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of JPMorgan Municipal ETF by 16.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,763,230 shares of the company’s stock valued at $87,527,000 after acquiring an additional 243,751 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.3%

BATS:JMUB opened at $50.53 on Friday. The business’s 50-day moving average price is $50.57 and its two-hundred day moving average price is $50.62. JPMorgan Municipal ETF has a twelve month low of $48.80 and a twelve month high of $51.34. The stock has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21.

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.