Rice Partnership LLC Takes $1.60 Million Position in JPMorgan Municipal ETF $JMUB

Rice Partnership LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 31,967 shares of the company’s stock, valued at approximately $1,598,000. Rice Partnership LLC owned about 0.05% of JPMorgan Municipal ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Municipal ETF by 1,656.4% during the fourth quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock valued at $686,401,000 after acquiring an additional 12,818,224 shares during the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Municipal ETF by 44.5% during the fourth quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock worth $279,362,000 after purchasing an additional 1,702,513 shares during the period. Meeder Advisory Services Inc. raised its holdings in JPMorgan Municipal ETF by 32.5% during the first quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock worth $213,076,000 after buying an additional 1,044,894 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in JPMorgan Municipal ETF by 29.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock valued at $210,065,000 after acquiring an additional 950,852 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of JPMorgan Municipal ETF by 43.7% in the third quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock worth $113,284,000 after purchasing an additional 683,129 shares during the last quarter.

JPMorgan Municipal ETF Stock Down 0.1%

JMUB stock opened at $50.16 on Tuesday. The firm has a market capitalization of $3.08 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $49.10 and a twelve month high of $51.34. The stock’s 50 day moving average is $50.34 and its 200-day moving average is $50.51.

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.