TruWealth Advisors LLC Has $5.80 Million Stake in JPMorgan Municipal ETF $JMUB

TruWealth Advisors LLC decreased its position in JPMorgan Municipal ETF (BATS:JMUB) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,887 shares of the company’s stock after selling 15,281 shares during the quarter. TruWealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $5,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JMUB. Bank of America Corp DE grew its position in shares of JPMorgan Municipal ETF by 47.8% in the fourth quarter. Bank of America Corp DE now owns 343,386 shares of the company’s stock valued at $17,221,000 after purchasing an additional 111,108 shares during the last quarter. Waverly Advisors LLC grew its position in shares of JPMorgan Municipal ETF by 21.5% in the fourth quarter. Waverly Advisors LLC now owns 37,680 shares of the company’s stock valued at $1,890,000 after purchasing an additional 6,657 shares during the last quarter. Vista Investment Management boosted its stake in shares of JPMorgan Municipal ETF by 2.4% in the fourth quarter. Vista Investment Management now owns 16,220 shares of the company’s stock valued at $813,000 after buying an additional 380 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in shares of JPMorgan Municipal ETF by 384.5% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 67,597 shares of the company’s stock valued at $3,390,000 after buying an additional 53,645 shares during the period. Finally, Perennial Advisors LLC bought a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $866,000.

JPMorgan Municipal ETF Trading Up 1.2%

Shares of JMUB stock opened at $50.41 on Friday. The stock has a market cap of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21. The stock has a 50 day simple moving average of $49.49 and a 200 day simple moving average of $49.57. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31.

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.