Strive Financial Group LLC Buys Shares of 12,652 JPMorgan Municipal ETF $JMUB

Strive Financial Group LLC purchased a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,652 shares of the company’s stock, valued at approximately $594,000.

Several other hedge funds have also made changes to their positions in the business. Founders Financial Securities LLC lifted its holdings in JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after buying an additional 30,843 shares in the last quarter. Wesbanco Bank Inc. acquired a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth $724,000. CENTRAL TRUST Co increased its position in shares of JPMorgan Municipal ETF by 8.2% during the first quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock worth $38,759,000 after acquiring an additional 58,732 shares during the period. Larson Financial Group LLC increased its position in shares of JPMorgan Municipal ETF by 7.1% during the fourth quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock worth $21,982,000 after acquiring an additional 28,878 shares during the period. Finally, Bailard Inc. increased its position in shares of JPMorgan Municipal ETF by 4.2% during the fourth quarter. Bailard Inc. now owns 794,545 shares of the company’s stock worth $40,125,000 after acquiring an additional 31,886 shares during the period.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of NYSEARCA JMUB opened at $48.98 on Friday. The stock has a market cap of $8.30 billion, a P/E ratio of 9.96 and a beta of 0.23. The business’s fifty day simple moving average is $49.93 and its 200-day simple moving average is $50.26. JPMorgan Municipal ETF has a 12-month low of $48.94 and a 12-month 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.