JPMorgan Municipal ETF $JMUB Shares Sold by Higgins & Schmidt Wealth Strategies LLC

Higgins & Schmidt Wealth Strategies LLC lessened its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 62.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,540 shares of the company’s stock after selling 29,400 shares during the quarter. Higgins & Schmidt Wealth Strategies LLC’s holdings in JPMorgan Municipal ETF were worth $835,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wellington Grp LLC increased its position in shares of JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 532 shares in the last quarter. Legacy Wealth Managment LLC ID increased its holdings in JPMorgan Municipal ETF by 302.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after acquiring an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in JPMorgan Municipal ETF during the 2nd quarter valued at about $75,000. Parkside Financial Bank & Trust purchased a new position in JPMorgan Municipal ETF during the 2nd quarter valued at about $108,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in JPMorgan Municipal ETF during the first quarter worth about $109,000.

JPMorgan Municipal ETF Trading Up 0.5%

Shares of JMUB opened at $48.90 on Tuesday. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The stock has a market cap of $8.85 billion, a P/E ratio of 9.96 and a beta of 0.24. The company has a 50-day moving average of $48.57 and a two-hundred day moving average of $49.96.

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.