JPMorgan Municipal ETF $JMUB Shares Acquired by MIdWestOne Financial Group Inc.

MIdWestOne Financial Group Inc. lifted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1,001.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 44,531 shares of the company’s stock after acquiring an additional 40,489 shares during the quarter. MIdWestOne Financial Group Inc.’s holdings in JPMorgan Municipal ETF were worth $2,249,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at approximately $27,000. Goodman Advisory Group LLC acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at approximately $37,000. Franklin Resources Inc. acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at approximately $41,000. N.E.W. Advisory Services LLC acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at approximately $44,000. Finally, Blue Trust Inc. acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at approximately $60,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.40 on Friday. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34. The firm has a 50 day moving average price of $50.30 and a 200 day moving average price of $50.54. The company has a market capitalization of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21.

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.