Rothschild Capital Partners LLC Takes Position in JPMorgan Municipal ETF $JMUB

Rothschild Capital Partners LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 63,419 shares of the company’s stock, valued at approximately $3,001,000. JPMorgan Municipal ETF accounts for about 0.7% of Rothschild Capital Partners LLC’s investment portfolio, making the stock its 24th largest holding.

Other hedge funds have also modified their holdings of the company. Mason & Associates Inc increased its stake in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after purchasing an additional 215 shares in the last quarter. Pennsylvania Capital Management Inc. ADV boosted its holdings in shares of JPMorgan Municipal ETF by 4.9% in the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock worth $246,000 after buying an additional 230 shares during the period. Balefire LLC increased its position in shares of JPMorgan Municipal ETF by 4.3% in the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock worth $297,000 after acquiring an additional 242 shares in the last quarter. J. R. Prunier Capital Management LLC raised its holdings in shares of JPMorgan Municipal ETF by 2.5% during the first quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after acquiring an additional 252 shares during the period. Finally, Calton & Associates Inc. lifted its position in shares of JPMorgan Municipal ETF by 3.3% in the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after acquiring an additional 270 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $49.60 on Monday. JPMorgan Municipal ETF has a 52 week low of $49.33 and a 52 week high of $51.34. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The company has a 50 day moving average price of $50.07 and a 200 day moving average price of $50.32.

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.