Apexium Financial LP Reduces Holdings in JPMorgan Municipal ETF $JMUB

Apexium Financial LP trimmed its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 0.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,495 shares of the company’s stock after selling 281 shares during the quarter. Apexium Financial LP owned approximately 0.21% of JPMorgan Municipal ETF worth $6,279,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in JMUB. Retirement Planning Group LLC purchased a new stake in shares of JPMorgan Municipal ETF during the first quarter worth approximately $715,000. Magnus Financial Group LLC boosted its stake in JPMorgan Municipal ETF by 1.5% during the first quarter. Magnus Financial Group LLC now owns 357,320 shares of the company’s stock worth $17,866,000 after buying an additional 5,400 shares during the last quarter. Park Avenue Securities LLC boosted its stake in JPMorgan Municipal ETF by 616.3% during the first quarter. Park Avenue Securities LLC now owns 30,780 shares of the company’s stock worth $1,539,000 after buying an additional 26,483 shares during the last quarter. McCarthy & Cox boosted its stake in JPMorgan Municipal ETF by 191.8% during the first quarter. McCarthy & Cox now owns 13,313 shares of the company’s stock worth $666,000 after buying an additional 8,750 shares during the last quarter. Finally, Daymark Wealth Partners LLC boosted its stake in JPMorgan Municipal ETF by 14.3% during the first quarter. Daymark Wealth Partners LLC now owns 36,922 shares of the company’s stock worth $1,846,000 after buying an additional 4,618 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.36 on Friday. The stock’s fifty day moving average is $49.83 and its two-hundred day moving average is $49.58. The firm has a market capitalization of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a fifty-two week low of $47.95 and a fifty-two week high of $51.31.

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.