JPMorgan Municipal ETF $JMUB Stock Holdings Lifted by HTG Investment Advisors Inc.

HTG Investment Advisors Inc. lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 129.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 226,173 shares of the company’s stock after buying an additional 127,593 shares during the quarter. JPMorgan Municipal ETF makes up about 3.5% of HTG Investment Advisors Inc.’s holdings, making the stock its 11th largest holding. HTG Investment Advisors Inc.’s holdings in JPMorgan Municipal ETF were worth $11,422,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Municipal ETF by 34.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,208,854 shares of the company’s stock worth $161,951,000 after acquiring an additional 826,847 shares in the last quarter. Meeder Advisory Services Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 7.9% during the third quarter. Meeder Advisory Services Inc. now owns 2,940,215 shares of the company’s stock worth $148,393,000 after purchasing an additional 214,112 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Municipal ETF by 7.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,717,626 shares of the company’s stock worth $137,566,000 after purchasing an additional 176,736 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 43.7% during 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 period. Finally, Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 16.0% during the second quarter. Raymond James Financial Inc. now owns 1,763,230 shares of the company’s stock worth $87,527,000 after purchasing an additional 243,751 shares during the period.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $50.27 on Friday. The stock has a market cap of $3.08 billion, a P/E ratio of 9.96 and a beta of 0.21. The firm has a 50 day simple moving average of $50.48 and a 200 day simple moving average of $50.62. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week high of $51.34.

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.