Integrated Wealth Concepts LLC Buys 86,092 Shares of JPMorgan Municipal ETF $JMUB

Integrated Wealth Concepts LLC increased its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 8.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,090,329 shares of the company’s stock after purchasing an additional 86,092 shares during the period. Integrated Wealth Concepts LLC owned 0.64% of JPMorgan Municipal ETF worth $55,025,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JMUB. Royal Bank of Canada raised its position in shares of JPMorgan Municipal ETF by 12.1% during the first quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock worth $5,010,000 after acquiring an additional 10,823 shares during the last quarter. AQR Capital Management LLC boosted its holdings in JPMorgan Municipal ETF by 37.4% in the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after acquiring an additional 2,927 shares during the last quarter. Cerity Partners LLC acquired a new stake in JPMorgan Municipal ETF in the second quarter worth about $1,950,000. Peapack Gladstone Financial Corp increased its position in JPMorgan Municipal ETF by 317.8% in the second quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock worth $3,926,000 after purchasing an additional 60,157 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in JPMorgan Municipal ETF during the 2nd quarter worth about $2,233,000.

JPMorgan Municipal ETF Trading Up 0.1%

JPMorgan Municipal ETF stock opened at $49.03 on Wednesday. The company has a market cap of $8.31 billion, a PE ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a 1 year low of $48.94 and a 1 year high of $51.34. The company’s 50-day moving average is $49.86 and its two-hundred day moving average is $50.22.

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.