JPMorgan Municipal ETF $JMUB Shares Newly Acquired by Bernicke Wealth Management Ltd.

Bernicke Wealth Management Ltd. bought a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 37,943 shares of the company’s stock, valued at approximately $1,805,000.

Other large investors have also recently made changes to their positions in the company. Allworth Financial LP lifted its stake in JPMorgan Municipal ETF by 1,064.4% in the third quarter. Allworth Financial LP now owns 227,584 shares of the company’s stock worth $11,528,000 after acquiring an additional 208,039 shares during the last quarter. IAG Wealth Partners LLC grew its holdings in JPMorgan Municipal ETF by 24.8% during the 3rd quarter. IAG Wealth Partners LLC now owns 499,475 shares of the company’s stock worth $23,765,000 after acquiring an additional 99,380 shares in the last quarter. Everest Financial Group LLC increased its position in shares of JPMorgan Municipal ETF by 732.0% in the 3rd quarter. Everest Financial Group LLC now owns 150,051 shares of the company’s stock valued at $7,139,000 after purchasing an additional 132,017 shares during the last quarter. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter valued at approximately $38,794,000. Finally, Jacobi Capital Management LLC increased its position in shares of JPMorgan Municipal ETF by 7.4% in the 3rd quarter. Jacobi Capital Management LLC now owns 89,867 shares of the company’s stock valued at $4,276,000 after purchasing an additional 6,167 shares during the last quarter.

JPMorgan Municipal ETF Trading Down 0.2%

Shares of JMUB opened at $48.86 on Friday. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve month high of $51.34. The firm’s fifty day simple moving average is $48.42 and its 200-day simple moving average is $49.84. The firm has a market capitalization of $9.14 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.

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.