Moss Adams Wealth Advisors LLC Purchases 27,762 Shares of JPMorgan Municipal ETF $JMUB

Moss Adams Wealth Advisors LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 96.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,671 shares of the company’s stock after buying an additional 27,762 shares during the quarter. Moss Adams Wealth Advisors LLC owned 0.09% of JPMorgan Municipal ETF worth $2,833,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC lifted its holdings in shares of JPMorgan Municipal ETF by 5.1% during the 1st quarter. Private Wealth Management Group LLC now owns 98,150 shares of the company’s stock valued at $4,907,000 after purchasing an additional 4,734 shares in the last quarter. Intrua Financial LLC grew its position in shares of JPMorgan Municipal ETF by 3.6% in the 1st quarter. Intrua Financial LLC now owns 71,665 shares of the company’s stock valued at $3,583,000 after purchasing an additional 2,469 shares during the period. Investment Planning Advisors Inc. increased its stake in JPMorgan Municipal ETF by 0.9% during the 1st quarter. Investment Planning Advisors Inc. now owns 58,363 shares of the company’s stock worth $2,918,000 after purchasing an additional 504 shares in the last quarter. Apollon Wealth Management LLC increased its stake in JPMorgan Municipal ETF by 4.5% during the 1st quarter. Apollon Wealth Management LLC now owns 294,227 shares of the company’s stock worth $14,708,000 after purchasing an additional 12,554 shares in the last quarter. Finally, Vicus Capital raised its holdings in JPMorgan Municipal ETF by 0.4% during the 1st quarter. Vicus Capital now owns 81,712 shares of the company’s stock worth $4,085,000 after buying an additional 338 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB stock opened at $50.67 on Tuesday. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week high of $51.34. The company’s 50 day moving average price is $50.36 and its two-hundred day moving average price is $50.53. The company has a market capitalization of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21.

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.