Rosenberg Matthew Hamilton decreased its position in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 41.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,081 shares of the company’s stock after selling 104,635 shares during the quarter. JPMorgan Municipal ETF accounts for about 1.2% of Rosenberg Matthew Hamilton’s investment portfolio, making the stock its 14th largest holding. Rosenberg Matthew Hamilton owned approximately 0.08% of JPMorgan Municipal ETF worth $6,903,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Founders Financial Securities LLC grew its stake 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 valued at $9,612,000 after purchasing an additional 30,843 shares in the last quarter. JNBA Financial Advisors purchased a new position in shares of JPMorgan Municipal ETF during the 2nd quarter valued at approximately $964,000. CENTRAL TRUST Co grew 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 buying an additional 58,732 shares in the last quarter. HB Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF during the second quarter worth approximately $730,906,000. Finally, Wesbanco Bank Inc. increased its stake in shares of JPMorgan Municipal ETF by 151.9% in the first quarter. Wesbanco Bank Inc. now owns 36,103 shares of the company’s stock worth $1,805,000 after buying an additional 21,768 shares during the last quarter.
JPMorgan Municipal ETF Trading Up 0.2%
JPMorgan Municipal ETF stock traded up $0.10 during midday trading on Monday, hitting $47.64. The stock had a trading volume of 3,872,147 shares, compared to its average volume of 1,221,208. The stock has a market cap of $8.24 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The business has a fifty day moving average price of $49.11 and a 200 day moving average price of $49.88.
JPMorgan Municipal ETF 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.
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