Verus Capital Partners LLC Has $9.31 Million Stock Holdings in JPMorgan Municipal ETF $JMUB

Verus Capital Partners LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 7.3% during the 4th quarter, Holdings Channel reports. The firm owned 184,286 shares of the company’s stock after purchasing an additional 12,462 shares during the quarter. Verus Capital Partners LLC’s holdings in JPMorgan Municipal ETF were worth $9,306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Syntegra Private Wealth Group LLC boosted its stake in shares of JPMorgan Municipal ETF by 3.5% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 211,321 shares of the company’s stock valued at $10,672,000 after purchasing an additional 7,124 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in JPMorgan Municipal ETF by 23.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 14,951 shares of the company’s stock worth $755,000 after purchasing an additional 2,856 shares in the last quarter. Calton & Associates Inc. boosted its stake in JPMorgan Municipal ETF by 3.3% in the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock worth $431,000 after purchasing an additional 270 shares in the last quarter. Dynasty Wealth Management LLC boosted its stake in JPMorgan Municipal ETF by 348.7% in the fourth quarter. Dynasty Wealth Management LLC now owns 405,090 shares of the company’s stock worth $20,457,000 after purchasing an additional 314,801 shares in the last quarter. Finally, Natixis Advisors LLC boosted its stake in JPMorgan Municipal ETF by 72.0% in the fourth quarter. Natixis Advisors LLC now owns 83,516 shares of the company’s stock worth $4,218,000 after purchasing an additional 34,973 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.38 on Thursday. The firm has a market cap of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21. The business’s fifty day moving average is $50.24 and its two-hundred day moving average is $50.55. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week 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.