JPMorgan Municipal ETF $JMUB Shares Sold by Nolet Wealth Management LLC

Nolet Wealth Management LLC cut its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 19.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,649 shares of the company’s stock after selling 73,271 shares during the period. JPMorgan Municipal ETF makes up approximately 7.9% of Nolet Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Nolet Wealth Management LLC owned approximately 0.17% of JPMorgan Municipal ETF worth $14,352,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Founders Financial Securities LLC boosted its holdings in shares of JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after buying an additional 30,843 shares in the last quarter. JNBA Financial Advisors acquired a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter worth approximately $964,000. CENTRAL TRUST Co increased its stake in shares of JPMorgan Municipal ETF by 8.2% in the 1st quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock valued at $38,759,000 after acquiring an additional 58,732 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $730,906,000. Finally, Guardian Wealth Advisors LLC NC bought a new stake in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $28,990,000.

JPMorgan Municipal ETF Stock Down 0.1%

JPMorgan Municipal ETF stock opened at $47.81 on Thursday. The company has a market capitalization of $8.59 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The firm’s fifty day moving average is $48.76 and its 200 day moving average is $49.74.

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.