D Orazio & Associates Inc. lowered its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 53.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 15,286 shares of the company’s stock after selling 17,847 shares during the quarter. D Orazio & Associates Inc.’s holdings in JPMorgan Municipal ETF were worth $727,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the business. Global Wealth Management Investment Advisory Inc. lifted its holdings in JPMorgan Municipal ETF by 3.5% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 11,457 shares of the company’s stock valued at $545,000 after purchasing an additional 391 shares in the last quarter. Edgemoor Investment Advisors Inc. bought a new position in shares of JPMorgan Municipal ETF in the third quarter worth approximately $870,000. Avantax Planning Partners Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter worth $39,742,000. Ashton Thomas Private Wealth LLC increased its stake in shares of JPMorgan Municipal ETF by 27.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 9,054 shares of the company’s stock worth $431,000 after purchasing an additional 1,948 shares in the last quarter. Finally, Inscription Capital LLC increased its stake in shares of JPMorgan Municipal ETF by 38.9% in the third quarter. Inscription Capital LLC now owns 41,401 shares of the company’s stock worth $1,970,000 after purchasing an additional 11,592 shares in the last quarter.
JPMorgan Municipal ETF Stock Performance
JMUB opened at $49.29 on Wednesday. JPMorgan Municipal ETF has a fifty-two week low of $47.20 and a fifty-two week high of $51.34. The firm’s fifty day moving average is $48.42 and its 200 day moving average is $49.87. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.
About JPMorgan Municipal ETF
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.
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