JPMorgan Municipal ETF $JMUB Position Lessened by Gentry Private Wealth LLC

Gentry Private Wealth LLC lowered its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 13.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,103 shares of the company’s stock after selling 911 shares during the period. Gentry Private Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $303,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Meeder Advisory Services Inc. acquired a new position in JPMorgan Municipal ETF during the 1st quarter valued at about $126,587,000. Cetera Investment Advisers lifted its stake in shares of JPMorgan Municipal ETF by 199.1% in the 1st quarter. Cetera Investment Advisers now owns 1,131,266 shares of the company’s stock worth $56,563,000 after acquiring an additional 753,069 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 114.2% in the first quarter. Ameriprise Financial Inc. now owns 1,116,436 shares of the company’s stock valued at $55,825,000 after acquiring an additional 595,174 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Municipal ETF by 42.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock valued at $94,037,000 after acquiring an additional 569,892 shares during the period. Finally, 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 valued at $24,221,000 after acquiring an additional 473,876 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of BATS:JMUB opened at $50.34 on Tuesday. The stock has a market cap of $3.09 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 stock’s 50 day moving average price is $49.86 and its 200 day moving average price is $49.57.

About JPMorgan Municipal ETF

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.