Bartlett & CO. Wealth Management LLC Lowers Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Bartlett & CO. Wealth Management LLC cut its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 7.0% during the fourth quarter, Holdings Channel reports. The firm owned 21,055 shares of the company’s stock after selling 1,588 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $1,059,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Family Investment Center Inc. grew its stake in shares of JPMorgan Municipal ETF by 1.2% during the third quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock worth $1,113,000 after purchasing an additional 254 shares in the last quarter. Stone Point Wealth LLC boosted its position in shares of JPMorgan Municipal ETF by 3.3% during the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock worth $487,000 after acquiring an additional 300 shares in the last quarter. D Orazio & Associates Inc. boosted its position in shares of JPMorgan Municipal ETF by 6.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock worth $255,000 after acquiring an additional 308 shares in the last quarter. WealthCare Investment Partners LLC raised its position in shares of JPMorgan Municipal ETF by 0.6% during the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock worth $2,979,000 after acquiring an additional 333 shares in the last quarter. Finally, Mason & Associates Inc raised its position in shares of JPMorgan Municipal ETF by 1.1% during the 3rd quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock worth $1,666,000 after acquiring an additional 343 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $50.08 on Friday. The firm has a 50-day moving average of $50.42 and a two-hundred day moving average of $50.69. The firm has a market cap of $1.39 billion, a PE 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.