JPMorgan Municipal ETF $JMUB Stock Holdings Lifted by IAG Wealth Partners LLC

IAG Wealth Partners LLC increased its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 24.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 499,475 shares of the company’s stock after buying an additional 99,380 shares during the quarter. JPMorgan Municipal ETF comprises 2.2% of IAG Wealth Partners LLC’s portfolio, making the stock its 17th largest position. IAG Wealth Partners LLC owned about 0.27% of JPMorgan Municipal ETF worth $23,765,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Everest Financial Group LLC lifted its stake in shares of JPMorgan Municipal ETF by 732.0% in the third quarter. Everest Financial Group LLC now owns 150,051 shares of the company’s stock worth $7,139,000 after acquiring an additional 132,017 shares in the last quarter. CENTRAL TRUST Co purchased a new position in shares of JPMorgan Municipal ETF during the 3rd quarter valued at approximately $38,794,000. Jacobi Capital Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 7.4% during the 3rd quarter. Jacobi Capital Management LLC now owns 89,867 shares of the company’s stock valued at $4,276,000 after buying an additional 6,167 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 0.4% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 210,288 shares of the company’s stock valued at $10,006,000 after buying an additional 737 shares during the last quarter. Finally, Global Wealth Management Investment Advisory Inc. grew its position in shares of JPMorgan Municipal ETF by 3.5% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 11,457 shares of the company’s stock worth $545,000 after buying an additional 391 shares in the last quarter.

JPMorgan Municipal ETF Trading Down 0.9%

Shares of NYSEARCA:JMUB opened at $48.95 on Friday. The company has a fifty day simple moving average of $48.42 and a 200 day simple moving average of $49.85. The firm has a market cap of $9.15 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34.

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.