JPMorgan Municipal ETF $JMUB Stock Holdings Increased by Kintra Wealth LLC

Kintra Wealth LLC lifted its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 8,851.3% in the second quarter, HoldingsChannel reports. The firm owned 1,433,188 shares of the company’s stock after purchasing an additional 1,417,177 shares during the quarter. JPMorgan Municipal ETF accounts for 3.5% of Kintra Wealth LLC’s portfolio, making the stock its 4th largest position. Kintra Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $66,564,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. HB Wealth Management LLC purchased a new stake in JPMorgan Municipal ETF during the second quarter valued at $730,906,000. JPMorgan Chase & Co. grew its position in JPMorgan Municipal ETF by 1,656.4% in the fourth quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after acquiring an additional 12,818,224 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan Municipal ETF by 44.5% during the fourth quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock worth $279,362,000 after acquiring an additional 1,702,513 shares during the last quarter. Meeder Advisory Services Inc. increased its stake in JPMorgan Municipal ETF by 32.5% during the first quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock worth $213,076,000 after acquiring an additional 1,044,894 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Municipal ETF by 29.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock valued at $210,065,000 after purchasing an additional 950,852 shares during the period.

JPMorgan Municipal ETF Price Performance

NYSEARCA:JMUB opened at $48.98 on Friday. The firm has a market capitalization of $8.30 billion, a price-to-earnings 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 business has a 50 day simple moving average of $49.93 and a 200-day simple moving average of $50.26.

JPMorgan Municipal ETF 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.