Savant Capital LLC Increases Position in JPMorgan Municipal ETF $JMUB

Savant Capital LLC grew its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 27.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 238,223 shares of the company’s stock after acquiring an additional 50,839 shares during the quarter. Savant Capital LLC’s holdings in JPMorgan Municipal ETF were worth $12,030,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. TBH Global Asset Management LLC raised its holdings in JPMorgan Municipal ETF by 1,180.8% during the fourth quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after purchasing an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC grew its position in JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after buying an additional 34,931 shares during the period. Breakwater Capital Group grew its position in JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after buying an additional 12,428 shares during the period. Cyndeo Wealth Partners LLC acquired a new position in JPMorgan Municipal ETF during the fourth quarter worth about $1,929,000. Finally, Daymark Wealth Partners LLC grew its position in JPMorgan Municipal ETF by 45.4% during the fourth quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock worth $2,815,000 after buying an additional 17,404 shares during the period.

JPMorgan Municipal ETF Trading Up 0.2%

Shares of JMUB opened at $50.47 on Friday. The firm’s 50-day moving average is $50.23 and its two-hundred day moving average is $50.56. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The firm 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.