IAG Wealth Partners LLC boosted its position in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 2.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 413,210 shares of the company’s stock after purchasing an additional 10,488 shares during the period. JPMorgan Municipal ETF comprises 2.3% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 15th biggest position. IAG Wealth Partners LLC owned approximately 0.67% of JPMorgan Municipal ETF worth $20,656,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter valued at $27,000. Brown Brothers Harriman & Co. purchased a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth about $34,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth about $41,000. N.E.W. Advisory Services LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth about $44,000. Finally, SHP Wealth Management acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at about $47,000.
JPMorgan Municipal ETF Trading Down 0.2%
BATS:JMUB opened at $50.32 on Thursday. The firm has a 50-day moving average price of $50.36 and a two-hundred day moving average price of $50.53. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The company has a market capitalization of $3.09 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.
Featured Stories
- Five stocks we like better than JPMorgan Municipal ETF
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Receive News & Ratings for JPMorgan Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
