Principle Wealth Partners LLC Purchases Shares of 40,151 JPMorgan Municipal ETF $JMUB

Principle Wealth Partners LLC purchased a new stake in JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,151 shares of the company’s stock, valued at approximately $2,028,000. Principle Wealth Partners LLC owned 0.07% of JPMorgan Municipal ETF at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. DAVENPORT & Co LLC increased its stake in shares of JPMorgan Municipal ETF by 2.5% in the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after purchasing an additional 202 shares during the period. MB Levis & Associates LLC increased its stake in shares of JPMorgan Municipal ETF by 11.2% in the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock valued at $102,000 after purchasing an additional 203 shares during the period. KFA Private Wealth Group LLC increased its stake in shares of JPMorgan Municipal ETF by 4.3% in the fourth quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock valued at $294,000 after purchasing an additional 242 shares during the period. Sagespring Wealth Partners LLC increased its stake in shares of JPMorgan Municipal ETF by 1.3% in the third quarter. Sagespring Wealth Partners LLC now owns 25,781 shares of the company’s stock valued at $1,301,000 after purchasing an additional 319 shares during the period. Finally, CoreCap Advisors LLC increased its stake in shares of JPMorgan Municipal ETF by 12.4% in the fourth quarter. CoreCap Advisors LLC now owns 2,966 shares of the company’s stock valued at $150,000 after purchasing an additional 328 shares during the period.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.00 on Friday. The firm has a 50 day simple moving average of $50.25 and a 200-day simple moving average of $50.57. The stock has a market capitalization of $3.07 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34.

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.