JPMorgan Municipal ETF $JMUB Holdings Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 29.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,159,706 shares of the company’s stock after purchasing an additional 950,852 shares during the period. Northwestern Mutual Wealth Management Co. owned 6.78% of JPMorgan Municipal ETF worth $210,065,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC raised its holdings in JPMorgan Municipal ETF by 27.1% during the fourth quarter. Savant Capital LLC now owns 238,223 shares of the company’s stock worth $12,030,000 after purchasing an additional 50,839 shares in the last quarter. Huntington National Bank raised its holdings in JPMorgan Municipal ETF by 21.4% during the fourth quarter. Huntington National Bank now owns 441,054 shares of the company’s stock worth $22,273,000 after purchasing an additional 77,663 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in JPMorgan Municipal ETF by 5.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 21,805 shares of the company’s stock worth $1,101,000 after purchasing an additional 1,172 shares in the last quarter. Millington Financial Advisors LLC bought a new stake in JPMorgan Municipal ETF in the fourth quarter worth about $239,000. Finally, Cary Street Partners Investment Advisory LLC raised its position in JPMorgan Municipal ETF by 12.2% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 4,901 shares of the company’s stock worth $248,000 after acquiring an additional 534 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of JPMorgan Municipal ETF stock opened at $50.38 on Friday. The company’s 50-day moving average price is $50.23 and its two-hundred day moving average price is $50.56. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week high of $51.34. The stock has a market cap of $3.09 billion, a PE 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.