JPMorgan Municipal ETF $JMUB Shares Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc boosted its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 3,401.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 162,620 shares of the company’s stock after purchasing an additional 157,975 shares during the period. JPMorgan Municipal ETF comprises approximately 0.4% of Fragasso Financial Advisors Inc’s holdings, making the stock its 27th largest holding. Fragasso Financial Advisors Inc owned about 0.09% of JPMorgan Municipal ETF worth $7,736,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JMUB. Mason & Associates Inc grew its holdings in shares of JPMorgan Municipal ETF by 2.3% during the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after acquiring an additional 215 shares during the period. Pennsylvania Capital Management Inc. ADV increased its position in JPMorgan Municipal ETF by 4.9% during the 1st quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock valued at $246,000 after buying an additional 230 shares in the last quarter. Balefire LLC boosted its holdings in JPMorgan Municipal ETF by 4.3% in the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock worth $297,000 after acquiring an additional 242 shares in the last quarter. J. R. Prunier Capital Management LLC increased its holdings in shares of JPMorgan Municipal ETF by 2.5% during the first quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after acquiring an additional 252 shares in the last quarter. Finally, Milestone Investment Advisors LLC raised its position in shares of JPMorgan Municipal ETF by 2.8% in the 1st quarter. Milestone Investment Advisors LLC now owns 10,898 shares of the company’s stock worth $545,000 after purchasing an additional 295 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 0.4%

Shares of NYSEARCA JMUB traded up $0.21 during midday trading on Tuesday, hitting $47.86. The stock had a trading volume of 1,825,013 shares, compared to its average volume of 1,312,172. JPMorgan Municipal ETF has a 52 week low of $47.20 and a 52 week high of $51.34. The business’s 50 day moving average is $48.84 and its 200-day moving average is $49.77. The company has a market cap of $8.39 billion, a P/E ratio of 9.96 and a beta of 0.24.

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.