CENTRAL TRUST Co Purchases 815,336 Shares of JPMorgan Municipal ETF $JMUB

CENTRAL TRUST Co purchased a new stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 815,336 shares of the company’s stock, valued at approximately $38,794,000. CENTRAL TRUST Co owned about 0.44% of JPMorgan Municipal ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JMUB. HB Wealth Management LLC purchased a new position in JPMorgan Municipal ETF during the second quarter worth about $730,906,000. Summit Financial Strategies Inc. boosted its holdings in JPMorgan Municipal ETF by 1,780.4% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after purchasing an additional 2,803,937 shares during the last quarter. Capital Analysts LLC grew its stake in shares of JPMorgan Municipal ETF by 856.3% in the 2nd quarter. Capital Analysts LLC now owns 1,909,389 shares of the company’s stock valued at $90,546,000 after buying an additional 1,709,720 shares during the period. Kintra Wealth LLC grew its stake in shares of JPMorgan Municipal ETF by 8,851.3% in the 2nd quarter. Kintra Wealth LLC now owns 1,433,188 shares of the company’s stock valued at $66,564,000 after buying an additional 1,417,177 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter valued at approximately $62,723,000.

JPMorgan Municipal ETF Price Performance

Shares of NYSEARCA JMUB opened at $49.39 on Thursday. The company has a 50 day simple moving average of $48.43 and a 200-day simple moving average of $49.86. The company has a market capitalization of $9.23 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 1 year low of $47.20 and a 1 year high of $51.34.

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.