Tandem Financial LLC Invests $506,000 in JPMorgan Municipal ETF $JMUB

Tandem Financial LLC acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the third quarter, HoldingsChannel reports. The fund acquired 10,016 shares of the company’s stock, valued at approximately $506,000.

Other large investors have also recently bought and sold shares of the company. Avantax Advisory Services Inc. grew its holdings in shares of JPMorgan Municipal ETF by 2,438.3% during the second quarter. Avantax Advisory Services Inc. now owns 897,843 shares of the company’s stock valued at $44,569,000 after purchasing an additional 862,471 shares during the last quarter. Bank of America Corp DE boosted its position in JPMorgan Municipal ETF by 152.3% during the 2nd quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock valued at $54,687,000 after purchasing an additional 665,100 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Municipal ETF by 33.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock worth $128,035,000 after buying an additional 641,736 shares during the period. G2 Capital Management LLC OH lifted its stake in JPMorgan Municipal ETF by 489.2% in the second quarter. G2 Capital Management LLC OH now owns 695,217 shares of the company’s stock valued at $34,511,000 after buying an additional 577,227 shares during the last quarter. Finally, Avantax Planning Partners Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 88.8% during the third quarter. Avantax Planning Partners Inc. now owns 1,160,184 shares of the company’s stock valued at $58,554,000 after acquiring an additional 545,783 shares during the period.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.74 on Tuesday. JPMorgan Municipal ETF has a one year low of $47.95 and a one year high of $51.31. The company has a 50-day simple moving average of $50.64 and a 200-day simple moving average of $50.24. The firm 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.