JPMorgan Municipal ETF $JMUB Shares Acquired by Helen Stephens Group LLC

Helen Stephens Group LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 21.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,415 shares of the company’s stock after acquiring an additional 55,924 shares during the quarter. JPMorgan Municipal ETF comprises approximately 3.8% of Helen Stephens Group LLC’s portfolio, making the stock its 9th biggest position. Helen Stephens Group LLC owned approximately 0.52% of JPMorgan Municipal ETF worth $15,459,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. LPL Financial LLC boosted its holdings in shares of JPMorgan Municipal ETF by 7.1% in the first quarter. LPL Financial LLC now owns 2,847,971 shares of the company’s stock valued at $142,399,000 after acquiring an additional 188,645 shares during the period. Meeder Advisory Services Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the first quarter worth approximately $126,587,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of JPMorgan Municipal ETF by 9.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,199,520 shares of the company’s stock worth $109,976,000 after purchasing an additional 190,891 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of JPMorgan Municipal ETF by 20.5% during the first quarter. Raymond James Financial Inc. now owns 1,519,479 shares of the company’s stock worth $75,974,000 after purchasing an additional 258,686 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Municipal ETF by 19.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,329,262 shares of the company’s stock worth $66,463,000 after purchasing an additional 213,971 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.41 on Friday. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The business has a 50 day simple moving average of $49.49 and a 200-day simple moving average of $49.58. The stock has a market capitalization 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.