910,548 JPMorgan Municipal ETF $JMUB Shares Sold by Aspen Wealth Management LLC

Aspen Wealth Management LLC reduced its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 78.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 246,045 shares of the company’s stock after selling 910,548 shares during the period. JPMorgan Municipal ETF comprises about 1.9% of Aspen Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Aspen Wealth Management LLC owned 0.14% of JPMorgan Municipal ETF worth $11,707,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Mason & Associates Inc raised its position in JPMorgan Municipal ETF by 2.3% in the first 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 lifted its stake in JPMorgan Municipal ETF by 4.9% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock worth $246,000 after purchasing an additional 230 shares during the period. Balefire LLC boosted its holdings in JPMorgan Municipal ETF by 4.3% during the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock valued at $297,000 after purchasing an additional 242 shares in the last quarter. J. R. Prunier Capital Management LLC boosted its holdings in 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 purchasing an additional 252 shares in the last quarter. Finally, Milestone Investment Advisors LLC boosted its holdings in JPMorgan Municipal ETF by 2.8% during the first quarter. Milestone Investment Advisors LLC now owns 10,898 shares of the company’s stock valued at $545,000 after purchasing an additional 295 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB stock traded down $0.04 during trading hours on Wednesday, hitting $47.84. The company had a trading volume of 2,059,868 shares, compared to its average volume of 1,336,796. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The firm has a market capitalization of $8.60 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. The firm’s fifty day moving average is $48.80 and its 200 day moving average is $49.75.

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.