Retirement Planning Group LLC Purchases 36,303 Shares of JPMorgan Municipal ETF $JMUB

Retirement Planning Group LLC raised its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 43.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 118,963 shares of the company’s stock after buying an additional 36,303 shares during the period. Retirement Planning Group LLC owned about 0.19% of JPMorgan Municipal ETF worth $5,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in JPMorgan Municipal ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after purchasing an additional 10,823 shares in the last quarter. AQR Capital Management LLC boosted its stake in JPMorgan Municipal ETF by 37.4% in the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock worth $538,000 after purchasing an additional 2,927 shares in the last quarter. Cerity Partners LLC acquired a new position in JPMorgan Municipal ETF in the second quarter worth $1,950,000. Peapack Gladstone Financial Corp grew its holdings in shares of JPMorgan Municipal ETF by 317.8% during the second quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock worth $3,926,000 after purchasing an additional 60,157 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of JPMorgan Municipal ETF during the second quarter worth $2,233,000.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB opened at $50.35 on Tuesday. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The firm has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The business has a fifty day moving average of $50.35 and a 200-day moving average of $50.52.

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.