Juno Financial Group LLC Takes Position in JPMorgan Municipal ETF $JMUB

Juno Financial Group LLC acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, Holdings Channel.com reports. The fund acquired 39,306 shares of the company’s stock, valued at approximately $1,985,000.

A number of other institutional investors and hedge funds also recently modified their holdings of JMUB. Royal Bank of Canada lifted its position in shares of JPMorgan Municipal ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after acquiring an additional 10,823 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of JPMorgan Municipal ETF by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after acquiring an additional 2,927 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter valued at $1,950,000. Peapack Gladstone Financial Corp lifted its holdings in shares of JPMorgan Municipal ETF by 317.8% in the second quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock valued at $3,926,000 after purchasing an additional 60,157 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at $2,233,000.

JPMorgan Municipal ETF Stock Up 0.1%

JMUB opened at $50.53 on Thursday. The stock has a fifty day moving average of $50.55 and a 200-day moving average of $50.62. The firm has a market capitalization of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $49.06 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.