JPMorgan Municipal ETF $JMUB Shares Purchased by Verus Capital Partners LLC

Verus Capital Partners LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 12.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,139 shares of the company’s stock after acquiring an additional 23,853 shares during the period. Verus Capital Partners LLC owned 0.34% of JPMorgan Municipal ETF worth $10,405,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in JPMorgan Municipal ETF by 12.1% in the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock worth $5,010,000 after purchasing an additional 10,823 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of JPMorgan Municipal ETF by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock worth $538,000 after purchasing an additional 2,927 shares during the last quarter. Cerity Partners LLC purchased a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at approximately $1,950,000. Peapack Gladstone Financial Corp grew its position in shares of JPMorgan Municipal ETF by 317.8% in the second quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock valued at $3,926,000 after purchasing an additional 60,157 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at approximately $2,233,000.

JPMorgan Municipal ETF Stock Performance

BATS:JMUB opened at $49.74 on Friday. JPMorgan Municipal ETF has a one year low of $49.28 and a one year high of $51.34. The stock has a market cap of $3.05 billion, a PE ratio of 9.96 and a beta of 0.21. The stock has a 50 day moving average price of $50.30 and a 200 day moving average price of $50.46.

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.