Diversify Wealth Management LLC Acquires Shares of 24,588 JPMorgan Municipal ETF $JMUB

Diversify Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,588 shares of the company’s stock, valued at approximately $1,239,000.

Several other hedge funds have also recently modified their holdings of JMUB. TBH Global Asset Management LLC lifted its position in shares of JPMorgan Municipal ETF by 1,180.8% in the fourth quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after buying an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC grew its holdings in JPMorgan Municipal ETF by 10.9% during the 4th quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock valued at $17,974,000 after buying an additional 34,931 shares in the last quarter. Founders Financial Securities LLC grew its holdings in JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock valued at $9,612,000 after buying an additional 30,843 shares in the last quarter. Breakwater Capital Group increased its stake in JPMorgan Municipal ETF by 29.7% in the 4th quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after acquiring an additional 12,428 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC bought a new stake in JPMorgan Municipal ETF in the 4th quarter worth approximately $1,929,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB opened at $50.28 on Thursday. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34. The business’s 50 day simple moving average is $50.35 and its 200-day simple moving average is $50.52.

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.