JPMorgan Municipal ETF $JMUB Stock Holdings Trimmed by Legacy Wealth Management LLC

Legacy Wealth Management LLC cut its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 96.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,081 shares of the company’s stock after selling 3,916,579 shares during the period. JPMorgan Municipal ETF comprises about 0.4% of Legacy Wealth Management LLC’s holdings, making the stock its 18th largest position. Legacy Wealth Management LLC owned 0.08% of JPMorgan Municipal ETF worth $6,713,000 at the end of the most recent quarter.

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

JPMorgan Municipal ETF Stock Up 0.1%

Shares of JMUB opened at $48.67 on Friday. The stock has a 50 day moving average price of $48.55 and a 200 day moving average price of $49.66. The company has a market capitalization of $8.81 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 52-week low of $47.20 and a 52-week high of $51.34.

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.