Prentice Wealth Management LLC Has $2.59 Million Stock Position in JPMorgan Municipal ETF $JMUB

Prentice Wealth Management LLC reduced its stake in JPMorgan Municipal ETF (BATS:JMUB) by 29.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,775 shares of the company’s stock after selling 21,239 shares during the period. Prentice Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $2,588,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. DAVENPORT & Co LLC increased its holdings in JPMorgan Municipal ETF by 2.5% in the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after purchasing an additional 202 shares during the last quarter. MB Levis & Associates LLC boosted its holdings in JPMorgan Municipal ETF by 11.2% during the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after buying an additional 203 shares during the last quarter. KFA Private Wealth Group LLC grew its position in shares of JPMorgan Municipal ETF by 4.3% during the 4th quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after buying an additional 242 shares during the period. Calton & Associates Inc. grew its position in shares of JPMorgan Municipal ETF by 3.3% during the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock worth $431,000 after buying an additional 270 shares during the period. Finally, Advisory Services Network LLC increased its stake in shares of JPMorgan Municipal ETF by 1.0% in the 4th quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock valued at $1,654,000 after acquiring an additional 312 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $50.49 on Wednesday. The stock has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The stock has a 50-day moving average of $50.34 and a 200-day moving average of $50.52. JPMorgan Municipal ETF has a one year low of $49.06 and a one year high of $51.34.

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.