JPMorgan Municipal ETF $JMUB Shares Sold by Breakwater Capital Group

Breakwater Capital Group decreased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 18.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 47,874 shares of the company’s stock after selling 11,105 shares during the period. Breakwater Capital Group’s holdings in JPMorgan Municipal ETF were worth $2,425,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JMUB. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at approximately $27,000. Wellington Grp LLC boosted its stake in JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in JPMorgan Municipal ETF during the 4th quarter worth approximately $34,000. Franklin Resources Inc. purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter worth approximately $41,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in JPMorgan Municipal ETF during the 4th quarter worth approximately $44,000.

JPMorgan Municipal ETF Trading Up 0.3%

Shares of JPMorgan Municipal ETF stock opened at $49.93 on Friday. The firm’s 50 day simple moving average is $50.26 and its two-hundred day simple moving average is $50.43. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $49.33 and a 12-month 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.