XY Planning Network Inc. Acquires New Position in JPMorgan Municipal ETF $JMUB

XY Planning Network Inc. acquired a new stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,958 shares of the company’s stock, valued at approximately $1,810,000.

Other institutional investors have also recently bought and sold shares of the company. Wellington Grp LLC lifted its stake in shares of JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 532 shares during the period. Brown Brothers Harriman & Co. bought a new stake in JPMorgan Municipal ETF in the fourth quarter valued at about $34,000. Franklin Resources Inc. bought a new stake in JPMorgan Municipal ETF in the third quarter valued at about $41,000. SHP Wealth Management acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at about $47,000. Finally, Lavaca Capital LLC acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at about $48,000.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of JMUB opened at $49.03 on Wednesday. The stock has a market cap of $8.31 billion, a P/E ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a 1 year low of $48.94 and a 1 year high of $51.34. The stock’s 50-day moving average price is $49.86 and its two-hundred day moving average price is $50.22.

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.