Cetera Investment Advisers Increases Position in JPMorgan Municipal ETF $JMUB

Cetera Investment Advisers boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 26.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,635,444 shares of the company’s stock after acquiring an additional 761,782 shares during the quarter. Cetera Investment Advisers owned 5.93% of JPMorgan Municipal ETF worth $181,736,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. DAVENPORT & Co LLC increased its position in shares of 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 holdings in shares of JPMorgan Municipal ETF by 11.2% during the 4th quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock valued at $102,000 after buying an additional 203 shares in the last quarter. Mason & Associates Inc lifted its position in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after buying an additional 215 shares during the last quarter. Pennsylvania Capital Management Inc. ADV lifted its position in JPMorgan Municipal ETF by 4.9% in the 1st quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock worth $246,000 after buying an additional 230 shares during the last quarter. Finally, Calton & Associates Inc. boosted its stake in JPMorgan Municipal ETF by 3.3% in the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock worth $431,000 after buying an additional 270 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB opened at $49.96 on Thursday. JPMorgan Municipal ETF has a 1 year low of $49.10 and a 1 year high of $51.34. The stock has a 50 day simple moving average of $50.33 and a two-hundred day simple moving average of $50.50. The firm has a market cap of $3.07 billion, a P/E 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.