JPMorgan Municipal ETF (BATS:JMUB) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 145.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,780 shares of the company’s stock after purchasing an additional 66,213 shares during the quarter. Larson Financial Group LLC’s holdings in JPMorgan Municipal ETF were worth $5,589,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. TIAA Trust National Association acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth about $34,248,000. CWM LLC increased its stake in shares of JPMorgan Municipal ETF by 4,492.1% during the first quarter. CWM LLC now owns 484,425 shares of the company’s stock worth $24,221,000 after acquiring an additional 473,876 shares during the period. TBH Global Asset Management LLC increased its stake in shares of JPMorgan Municipal ETF by 432.8% during the first quarter. TBH Global Asset Management LLC now owns 494,962 shares of the company’s stock worth $26,362,000 after acquiring an additional 402,072 shares during the period. Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan Municipal ETF during the first quarter worth about $17,811,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Municipal ETF by 45.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,115,291 shares of the company’s stock worth $55,932,000 after acquiring an additional 346,741 shares during the period.

JPMorgan Municipal ETF Stock Down 0.8%

Shares of JPMorgan Municipal ETF stock opened at $49.38 on Tuesday. JPMorgan Municipal ETF has a 52-week low of $47.95 and a 52-week high of $51.31. The company’s 50-day simple moving average is $49.44 and its 200-day simple moving average is $49.79. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

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.