Walkner Condon Financial Advisors LLC Boosts Stake in JPMorgan Municipal ETF $JMUB

Walkner Condon Financial Advisors LLC increased its position in JPMorgan Municipal ETF (BATS:JMUB) by 85.0% in the first quarter, HoldingsChannel.com reports. The fund owned 58,759 shares of the company’s stock after buying an additional 27,000 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $2,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC grew its stake in JPMorgan Municipal ETF by 2.5% during the 4th quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after purchasing an additional 202 shares during the last quarter. MB Levis & Associates LLC raised its stake in shares of JPMorgan Municipal ETF by 11.2% in the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after purchasing an additional 203 shares during the last quarter. KFA Private Wealth Group LLC raised its stake in shares of JPMorgan Municipal ETF by 4.3% in the fourth quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after purchasing an additional 242 shares during the last quarter. Calton & Associates Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 3.3% during 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 during the period. Finally, Advisory Services Network LLC lifted its holdings in shares of JPMorgan Municipal ETF by 1.0% during the fourth quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock worth $1,654,000 after purchasing an additional 312 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $50.55 on Friday. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week high of $51.34. The business’s 50 day moving average price is $50.36 and its 200 day moving average price is $50.53. The firm has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21.

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.