JPMorgan Municipal ETF $JMUB is Kintra Wealth LLC’s 4th Largest Position

Kintra Wealth LLC lifted its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 8,851.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,433,188 shares of the company’s stock after buying an additional 1,417,177 shares during the quarter. JPMorgan Municipal ETF comprises 3.5% of Kintra Wealth LLC’s portfolio, making the stock its 4th biggest holding. Kintra Wealth LLC owned 2.34% of JPMorgan Municipal ETF worth $66,564,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in JPMorgan Municipal ETF by 12.1% during the first quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after purchasing an additional 10,823 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of JPMorgan Municipal ETF by 37.4% in the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock worth $538,000 after purchasing an additional 2,927 shares during the period. Cerity Partners LLC purchased a new stake in shares of JPMorgan Municipal ETF in the second quarter worth $1,950,000. Peapack Gladstone Financial Corp increased its stake 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 worth $3,926,000 after purchasing an additional 60,157 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter valued at $2,233,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $48.98 on Friday. JPMorgan Municipal ETF has a one year low of $48.94 and a one year high of $51.34. The company’s fifty day moving average price is $49.93 and its 200-day moving average price is $50.26. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23.

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.