Cooper Haims Advisors LLC Takes Position in JPMorgan Municipal ETF $JMUB

Cooper Haims Advisors LLC purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 322,008 shares of the company’s stock, valued at approximately $15,115,000. JPMorgan Municipal ETF comprises approximately 6.0% of Cooper Haims Advisors LLC’s portfolio, making the stock its 5th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Wellington Grp LLC increased its stake in JPMorgan Municipal ETF by 572.0% during the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 532 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of JPMorgan Municipal ETF in the 4th quarter worth about $34,000. Franklin Resources Inc. acquired a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at about $41,000. SHP Wealth Management bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $47,000. Finally, Lavaca Capital LLC bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $48,000.

JPMorgan Municipal ETF Stock Down 0.2%

JMUB opened at $49.52 on Tuesday. The company’s 50-day moving average price is $50.05 and its 200 day moving average price is $50.31. JPMorgan Municipal ETF has a fifty-two week low of $49.33 and a fifty-two week high of $51.34. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

About JPMorgan Municipal ETF

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.