IFP Advisors Inc lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 102.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,751 shares of the company’s stock after purchasing an additional 7,460 shares during the period. IFP Advisors Inc’s holdings in JPMorgan Municipal ETF were worth $732,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its position in JPMorgan Municipal ETF by 9.4% during the first quarter. Kestra Advisory Services LLC now owns 78,973 shares of the company’s stock worth $3,949,000 after acquiring an additional 6,787 shares during the last quarter. Meeder Advisory Services Inc. acquired a new stake in JPMorgan Municipal ETF during the first quarter worth approximately $126,587,000. Cyr Financial Inc. boosted its position in JPMorgan Municipal ETF by 255.1% during the second quarter. Cyr Financial Inc. now owns 17,183 shares of the company’s stock worth $853,000 after acquiring an additional 12,344 shares during the last quarter. Certified Advisory Corp acquired a new stake in JPMorgan Municipal ETF during the first quarter worth approximately $238,000. Finally, Abound Wealth Management acquired a new stake in JPMorgan Municipal ETF during the second quarter worth approximately $78,000.
JPMorgan Municipal ETF Stock Performance
Shares of BATS JMUB opened at $50.55 on Tuesday. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31. The firm’s 50 day moving average price is $49.97 and its 200 day moving average price is $49.58. The firm has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21.
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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