Bartlett & CO. Wealth Management LLC Trims Stock Position in JPMorgan Municipal ETF $JMUB

Bartlett & CO. Wealth Management LLC trimmed its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 15.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,436 shares of the company’s stock after selling 2,922 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $766,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. ST Germain D J Co. Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter worth approximately $25,000. Financial Gravity Asset Management Inc. purchased a new stake in JPMorgan Municipal ETF during the first quarter worth $28,000. Abound Wealth Management acquired a new stake in JPMorgan Municipal ETF during the second quarter valued at $78,000. Allworth Financial LP grew its position in JPMorgan Municipal ETF by 91.2% during the first quarter. Allworth Financial LP now owns 2,919 shares of the company’s stock valued at $144,000 after buying an additional 1,392 shares during the period. Finally, Cranbrook Wealth Management LLC purchased a new position in JPMorgan Municipal ETF in the second quarter valued at $147,000.

JPMorgan Municipal ETF Stock Up 1.1%

Shares of JPMorgan Municipal ETF stock opened at $50.35 on Friday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The business has a 50-day moving average price of $49.81 and a 200 day moving average price of $49.57. The firm has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Company 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.