Prime Capital Investment Advisors LLC Sells 26,935 Shares of JPMorgan Municipal ETF $JMUB

Prime Capital Investment Advisors LLC lowered its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 28.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,196 shares of the company’s stock after selling 26,935 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.11% of JPMorgan Municipal ETF worth $3,286,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of JMUB. Park Avenue Securities LLC boosted its position in JPMorgan Municipal ETF by 616.3% during the first quarter. Park Avenue Securities LLC now owns 30,780 shares of the company’s stock valued at $1,539,000 after acquiring an additional 26,483 shares during the last quarter. Daymark Wealth Partners LLC boosted its position in JPMorgan Municipal ETF by 14.3% during the first quarter. Daymark Wealth Partners LLC now owns 36,922 shares of the company’s stock valued at $1,846,000 after acquiring an additional 4,618 shares during the last quarter. Farther Finance Advisors LLC boosted its position in JPMorgan Municipal ETF by 276.9% during the first quarter. Farther Finance Advisors LLC now owns 14,029 shares of the company’s stock valued at $702,000 after acquiring an additional 10,307 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in JPMorgan Municipal ETF by 31.9% during the first quarter. Wealthcare Advisory Partners LLC now owns 44,973 shares of the company’s stock valued at $2,249,000 after acquiring an additional 10,867 shares during the last quarter. Finally, Marshall Financial Group LLC boosted its position in JPMorgan Municipal ETF by 170.3% during the first quarter. Marshall Financial Group LLC now owns 13,477 shares of the company’s stock valued at $674,000 after acquiring an additional 8,491 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 1.2%

Shares of JMUB opened at $50.38 on Wednesday. The stock has a market capitalization of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21. The firm’s fifty day simple moving average is $49.88 and its two-hundred day simple moving average is $49.57. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31.

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.