JPMorgan Municipal ETF $JMUB Shares Purchased by Wealth Alliance LLC

Wealth Alliance LLC boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 117.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,226 shares of the company’s stock after buying an additional 14,732 shares during the period. Wealth Alliance LLC’s holdings in JPMorgan Municipal ETF were worth $1,361,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $27,000. Brown Brothers Harriman & Co. acquired a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at about $34,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter worth about $41,000. N.E.W. Advisory Services LLC purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter worth about $44,000. Finally, SHP Wealth Management acquired a new stake in JPMorgan Municipal ETF during the fourth quarter worth about $47,000.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $49.73 on Friday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The company has a 50 day moving average price of $50.31 and a 200-day moving average price of $50.49. JPMorgan Municipal ETF has a 1-year low of $49.17 and a 1-year high of $51.34.

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.