CVA Family Office LLC Raises Stake in JPMorgan Municipal ETF (BATS:JMUB)

CVA Family Office LLC raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 11.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,684 shares of the company’s stock after buying an additional 14,193 shares during the quarter. JPMorgan Municipal ETF makes up approximately 1.0% of CVA Family Office LLC’s investment portfolio, making the stock its 25th largest position. CVA Family Office LLC owned about 0.25% of JPMorgan Municipal ETF worth $6,784,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of JPMorgan Municipal ETF by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,114 shares of the company’s stock worth $708,000 after purchasing an additional 205 shares during the period. Gryphon Financial Partners LLC grew its holdings in shares of JPMorgan Municipal ETF by 4.2% during the 4th quarter. Gryphon Financial Partners LLC now owns 6,045 shares of the company’s stock worth $303,000 after purchasing an additional 245 shares during the period. Walkner Condon Financial Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 1.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after purchasing an additional 313 shares during the period. Vista Investment Management grew its holdings in shares of JPMorgan Municipal ETF by 2.4% during the 4th quarter. Vista Investment Management now owns 16,220 shares of the company’s stock worth $813,000 after purchasing an additional 380 shares during the period. Finally, Sigma Planning Corp grew its holdings in shares of JPMorgan Municipal ETF by 5.9% during the 4th quarter. Sigma Planning Corp now owns 8,980 shares of the company’s stock worth $450,000 after purchasing an additional 498 shares during the period.

JPMorgan Municipal ETF Trading Down 0.8%

BATS JMUB opened at $49.40 on Friday. The stock has a market cap of $2.84 billion, a PE ratio of 9.96 and a beta of 0.22. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The stock has a fifty day simple moving average of $49.29 and a 200-day simple moving average of $49.97.

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.