JPMorgan Municipal ETF $JMUB Shares Bought by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC increased its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 26.3% during the third quarter, Holdings Channel reports. The firm owned 657,880 shares of the company’s stock after acquiring an additional 137,138 shares during the period. JPMorgan Municipal ETF makes up approximately 4.2% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Lebenthal Global Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $31,302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Founders Financial Securities LLC acquired a new position in JPMorgan Municipal ETF during the third quarter valued at approximately $10,207,000. Howard Wealth Management LLC increased its stake in shares of JPMorgan Municipal ETF by 4.5% in the 3rd quarter. Howard Wealth Management LLC now owns 6,253 shares of the company’s stock valued at $298,000 after purchasing an additional 272 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at $428,000. Oppenheimer & Co. Inc. bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth $714,000. Finally, Park Avenue Securities LLC bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth $6,316,000.

JPMorgan Municipal ETF Stock Up 0.3%

JPMorgan Municipal ETF stock opened at $49.09 on Friday. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The business’s 50-day moving average price is $48.48 and its two-hundred day moving average price is $49.92. The stock has a market cap of $8.99 billion, a PE ratio of 9.96 and a beta of 0.24.

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.