JPMorgan Municipal ETF $JMUB Stake Lifted by Capital Analysts LLC

Capital Analysts LLC lifted its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 856.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,909,389 shares of the company’s stock after buying an additional 1,709,720 shares during the quarter. JPMorgan Municipal ETF comprises about 2.1% of Capital Analysts LLC’s holdings, making the stock its 5th biggest holding. Capital Analysts LLC owned 1.13% of JPMorgan Municipal ETF worth $90,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in JPMorgan Municipal ETF by 12.1% in the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after buying an additional 10,823 shares during the period. AQR Capital Management LLC raised its stake in shares of JPMorgan Municipal ETF by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock worth $538,000 after buying an additional 2,927 shares during the last quarter. Cerity Partners LLC purchased a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at about $1,950,000. Peapack Gladstone Financial Corp grew its holdings in JPMorgan Municipal ETF by 317.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock valued at $3,926,000 after buying an additional 60,157 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of JPMorgan Municipal ETF during the second quarter valued at $2,233,000.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $49.03 on Wednesday. The stock has a market capitalization of $8.31 billion, a P/E ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a one year low of $48.94 and a one year high of $51.34. The company has a 50 day moving average price of $49.86 and a two-hundred day moving average price of $50.22.

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.