SouthState Corp Invests $407,000 in JPMorgan Municipal ETF (BATS:JMUB)

SouthState Corp bought a new position in JPMorgan Municipal ETF (BATS:JMUB) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 8,135 shares of the company’s stock, valued at approximately $407,000.

A number of other large investors have also recently made changes to their positions in the business. LPL Financial LLC increased its holdings in shares of JPMorgan Municipal ETF by 7.1% in the 1st quarter. LPL Financial LLC now owns 2,847,971 shares of the company’s stock worth $142,399,000 after buying an additional 188,645 shares during the last quarter. Meeder Advisory Services Inc. bought a new position in JPMorgan Municipal ETF during the 1st quarter valued at about $126,587,000. Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Municipal ETF by 19.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,329,262 shares of the company’s stock valued at $66,463,000 after purchasing an additional 213,971 shares during the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Municipal ETF by 199.1% during the 1st quarter. Cetera Investment Advisers now owns 1,131,266 shares of the company’s stock valued at $56,563,000 after purchasing an additional 753,069 shares during the last quarter. Finally, Bailard Inc. grew its holdings in JPMorgan Municipal ETF by 48.9% during the 1st quarter. Bailard Inc. now owns 1,095,717 shares of the company’s stock valued at $54,786,000 after purchasing an additional 359,784 shares during the last quarter.

JPMorgan Municipal ETF Trading Down 0.7%

Shares of BATS:JMUB opened at $49.44 on Tuesday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The firm’s 50-day moving average is $49.38 and its 200 day moving average is $49.68.

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.