Avantax Planning Partners Inc. Has $62.05 Million Stock Position in JPMorgan Municipal ETF $JMUB

Avantax Planning Partners Inc. reduced its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 0.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,241,164 shares of the company’s stock after selling 10,236 shares during the quarter. JPMorgan Municipal ETF accounts for about 1.7% of Avantax Planning Partners Inc.’s holdings, making the stock its 14th biggest holding. Avantax Planning Partners Inc.’s holdings in JPMorgan Municipal ETF were worth $62,046,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. TBH Global Asset Management LLC boosted its position in shares of JPMorgan Municipal ETF by 1,180.8% during the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock valued at $17,810,000 after purchasing an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC lifted its stake in JPMorgan Municipal ETF by 10.9% in the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock valued at $17,974,000 after buying an additional 34,931 shares during the period. 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. Breakwater Capital Group grew its position in shares of JPMorgan Municipal ETF by 29.7% during the 4th quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after buying an additional 12,428 shares during the period. Finally, Cyndeo Wealth Partners LLC bought a new stake in shares of JPMorgan Municipal ETF in the 4th quarter valued at $1,929,000.

JPMorgan Municipal ETF Stock Down 0.1%

JPMorgan Municipal ETF stock opened at $50.35 on Tuesday. The company has a market capitalization of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34. The firm’s fifty day moving average is $50.35 and its 200 day moving average is $50.52.

JPMorgan Municipal ETF 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.