JPMorgan Municipal ETF $JMUB Stock Bought by Inscription Capital LLC

Inscription Capital LLC lifted its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 38.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,401 shares of the company’s stock after acquiring an additional 11,592 shares during the period. Inscription Capital LLC’s holdings in JPMorgan Municipal ETF were worth $1,970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. HB Wealth Management LLC bought a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at $730,906,000. Meeder Advisory Services Inc. grew its position in JPMorgan Municipal ETF by 32.5% during the first quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock worth $213,076,000 after buying an additional 1,044,894 shares in the last quarter. Cetera Investment Advisers grew its position in JPMorgan Municipal ETF by 26.5% during the first quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock worth $181,736,000 after buying an additional 761,782 shares in the last quarter. Summit Financial Strategies Inc. increased its stake in JPMorgan Municipal ETF by 1,780.4% during the second quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after acquiring an additional 2,803,937 shares during the period. Finally, Bank of America Corp DE increased its stake in JPMorgan Municipal ETF by 24.0% during the first quarter. Bank of America Corp DE now owns 2,735,757 shares of the company’s stock valued at $136,760,000 after acquiring an additional 529,795 shares during the period.

JPMorgan Municipal ETF Stock Up 0.4%

Shares of JMUB opened at $49.35 on Friday. The stock’s 50-day moving average price is $48.43 and its 200 day moving average price is $49.88. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month 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.