JPMorgan Municipal ETF $JMUB Stock: Allworth Financial LP Grows Position

Allworth Financial LP grew its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 1,064.4% in the third quarter, HoldingsChannel.com reports. The firm owned 227,584 shares of the company’s stock after buying an additional 208,039 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Municipal ETF were worth $11,528,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. MGO One Seven LLC lifted its holdings in JPMorgan Municipal ETF by 1.5% in the 3rd quarter. MGO One Seven LLC now owns 15,265 shares of the company’s stock worth $726,000 after buying an additional 231 shares during the period. Balefire LLC raised its holdings in JPMorgan Municipal ETF by 4.3% in the 2nd quarter. Balefire LLC now owns 5,870 shares of the company’s stock worth $297,000 after purchasing an additional 242 shares in the last quarter. J. R. Prunier Capital Management LLC raised its holdings in JPMorgan Municipal ETF by 2.5% in the 1st quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock worth $523,000 after purchasing an additional 252 shares in the last quarter. Howard Wealth Management LLC raised its holdings in JPMorgan Municipal ETF by 4.5% in the 3rd quarter. Howard Wealth Management LLC now owns 6,253 shares of the company’s stock worth $298,000 after purchasing an additional 272 shares in the last quarter. Finally, Navigate Wealth Management LLC lifted its position in shares of JPMorgan Municipal ETF by 7.1% in the 3rd quarter. Navigate Wealth Management LLC now owns 4,470 shares of the company’s stock worth $213,000 after purchasing an additional 296 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of NYSEARCA JMUB opened at $48.86 on Friday. JPMorgan Municipal ETF has a 1 year low of $47.20 and a 1 year high of $51.34. The company’s 50-day moving average is $48.42 and its 200 day moving average is $49.84. The stock has a market capitalization of $9.14 billion, a P/E ratio of 9.96 and a beta of 0.24.

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.