JPMorgan Municipal ETF $JMUB Shares Sold by Bailard Inc.

Bailard Inc. lessened its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 43.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 762,659 shares of the company’s stock after selling 579,225 shares during the period. JPMorgan Municipal ETF accounts for approximately 0.8% of Bailard Inc.’s investment portfolio, making the stock its 24th biggest position. Bailard Inc. owned approximately 1.24% of JPMorgan Municipal ETF worth $38,491,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JMUB. Avidian Wealth Enterprises LLC raised its holdings in shares of JPMorgan Municipal ETF by 2.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 419,252 shares of the company’s stock valued at $21,160,000 after acquiring an additional 9,964 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in shares of JPMorgan Municipal ETF by 11.7% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,184,951 shares of the company’s stock worth $59,804,000 after acquiring an additional 123,953 shares during the last quarter. Impact Investors Inc purchased a new stake in shares of JPMorgan Municipal ETF during the third quarter worth approximately $1,571,000. McAdam LLC raised its stake in JPMorgan Municipal ETF by 0.9% in the 3rd quarter. McAdam LLC now owns 40,014 shares of the company’s stock valued at $2,020,000 after purchasing an additional 340 shares during the last quarter. Finally, Dynasty Wealth Management LLC purchased a new position in JPMorgan Municipal ETF in the 3rd quarter valued at $4,557,000.

JPMorgan Municipal ETF Stock Up 1.7%

JPMorgan Municipal ETF stock opened at $50.67 on Wednesday. The company has a fifty day simple moving average of $50.63 and a 200-day simple moving average of $50.21. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52-week low of $47.95 and a 52-week high of $51.31.

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.