Benjamin Edwards Inc. Acquires 19,653 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Benjamin Edwards Inc. lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 169.4% during the third quarter, HoldingsChannel reports. The firm owned 31,255 shares of the company’s stock after purchasing an additional 19,653 shares during the quarter. Benjamin Edwards Inc.’s holdings in JPMorgan Municipal ETF were worth $1,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. bought a new stake in JPMorgan Municipal ETF in the second quarter worth about $58,000. ICA Group Wealth Management LLC increased its stake in shares of JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after purchasing an additional 450 shares during the last quarter. Blue Investment Partners LLC bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $203,000. Aptus Capital Advisors LLC lifted its stake in JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after purchasing an additional 2,997 shares during the last quarter. Finally, Atria Investments Inc bought a new position in JPMorgan Municipal ETF during the third quarter valued at $208,000.

JPMorgan Municipal ETF Stock Down 0.1 %

BATS:JMUB opened at $50.94 on Friday. The stock has a 50-day moving average price of $50.72 and a two-hundred day moving average price of $50.70. The stock has a market capitalization of $1.41 billion, a P/E ratio of 10.22 and a beta of 0.08.

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.