Farther Finance Advisors LLC Buys 12,181 Shares of JPMorgan Municipal ETF $JMUB

Farther Finance Advisors LLC raised its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 43.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,285 shares of the company’s stock after purchasing an additional 12,181 shares during the period. Farther Finance Advisors LLC owned 0.07% of JPMorgan Municipal ETF worth $2,034,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Goodman Advisory Group LLC bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $37,000. Franklin Resources Inc. bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $41,000. Archer Investment Corp bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $58,000. Blue Trust Inc. bought a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at about $60,000. Finally, Fifth Third Bancorp bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $61,000.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB opened at $50.53 on Monday. JPMorgan Municipal ETF has a 12 month low of $48.80 and a 12 month high of $51.34. The company has a 50-day moving average price of $50.57 and a 200 day moving average price of $50.62. The company 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 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.