Keyvantage Wealth LLC Buys 13,851 Shares of JPMorgan Municipal ETF $JMUB

Keyvantage Wealth LLC raised its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 140,100 shares of the company’s stock after acquiring an additional 13,851 shares during the quarter. JPMorgan Municipal ETF makes up 3.0% of Keyvantage Wealth LLC’s portfolio, making the stock its 12th largest holding. Keyvantage Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $7,075,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Zhang Financial LLC lifted its holdings in shares of JPMorgan Municipal ETF by 6.6% during the fourth quarter. Zhang Financial LLC now owns 17,235 shares of the company’s stock valued at $870,000 after acquiring an additional 1,066 shares during the period. Blueline Advisors LLC bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at $114,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 acquiring an additional 950,852 shares during the period. Savant Capital LLC lifted its holdings in shares of JPMorgan Municipal ETF by 27.1% during the fourth quarter. Savant Capital LLC now owns 238,223 shares of the company’s stock valued at $12,030,000 after acquiring an additional 50,839 shares during the period. Finally, Huntington National Bank lifted its holdings in shares of JPMorgan Municipal ETF by 21.4% during the fourth quarter. Huntington National Bank now owns 441,054 shares of the company’s stock valued at $22,273,000 after acquiring an additional 77,663 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of BATS JMUB opened at $50.47 on Friday. The stock has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The business has a fifty day moving average of $50.23 and a two-hundred day moving average of $50.56. JPMorgan Municipal ETF has a 52-week low of $49.06 and a 52-week high of $51.34.

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.