JPMorgan Municipal ETF $JMUB Holdings Raised by Allworth Financial LP

Allworth Financial LP grew its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 4,322.6% in the 4th quarter, HoldingsChannel reports. The firm owned 212,416 shares of the company’s stock after acquiring an additional 207,613 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Municipal ETF were worth $10,727,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the fourth quarter valued at $27,000. Goodman Advisory Group LLC purchased a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at $37,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at $41,000. N.E.W. Advisory Services LLC purchased a new stake in shares of JPMorgan Municipal ETF during the fourth quarter valued at $44,000. Finally, Archer Investment Corp purchased a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at $58,000.

JPMorgan Municipal ETF Stock Down 0.1%

Shares of BATS JMUB opened at $50.19 on Friday. The business has a fifty day simple moving average of $50.35 and a 200-day simple moving average of $50.60. The company has a market cap of $3.08 billion, a price-to-earnings 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 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.