Avidian Wealth Enterprises LLC Has $20.32 Million Stock Position in JPMorgan Municipal ETF $JMUB

Avidian Wealth Enterprises LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUBFree Report) by 14.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 409,288 shares of the company’s stock after buying an additional 53,062 shares during the quarter. JPMorgan Municipal ETF comprises about 0.8% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 28th biggest position. Avidian Wealth Enterprises LLC owned approximately 0.67% of JPMorgan Municipal ETF worth $20,317,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in JMUB. ST Germain D J Co. Inc. acquired a new position in JPMorgan Municipal ETF during the 2nd quarter worth approximately $25,000. Financial Gravity Asset Management Inc. bought a new stake in JPMorgan Municipal ETF during the 1st quarter worth approximately $28,000. Abound Wealth Management bought a new stake in JPMorgan Municipal ETF during the 2nd quarter worth approximately $78,000. Ameriflex Group Inc. increased its holdings in JPMorgan Municipal ETF by 360.0% during the 2nd quarter. Ameriflex Group Inc. now owns 2,300 shares of the company’s stock worth $114,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in JPMorgan Municipal ETF by 91.2% during the 1st quarter. Allworth Financial LP now owns 2,919 shares of the company’s stock worth $144,000 after purchasing an additional 1,392 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.74 on Tuesday. The stock has a 50 day moving average price of $50.09 and a two-hundred day moving average price of $49.61. The firm has a market capitalization of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31.

JPMorgan Municipal ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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