Rockefeller Capital Management L.P. Purchases 75,646 Shares of JPMorgan Municipal ETF $JMUB

Rockefeller Capital Management L.P. boosted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 10.5% in the fourth quarter, Holdings Channel reports. The fund owned 795,805 shares of the company’s stock after acquiring an additional 75,646 shares during the period. Rockefeller Capital Management L.P.’s holdings in JPMorgan Municipal ETF were worth $40,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of JMUB. Godsey & Gibb Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $27,000. Brown Brothers Harriman & Co. bought a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth about $34,000. Goodman Advisory Group LLC acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth about $37,000. Franklin Resources Inc. acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth about $41,000. Finally, N.E.W. Advisory Services LLC bought a new stake in JPMorgan Municipal ETF during the 4th quarter valued at approximately $44,000.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.48 on Monday. The firm has a market capitalization of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. The stock’s 50 day moving average price is $50.33 and its two-hundred day moving average price is $50.53. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34.

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.