Sanctuary Advisors LLC Grows Position in JPMorgan Municipal ETF $JMUB

Sanctuary Advisors LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 79.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 33,346 shares of the company’s stock after acquiring an additional 14,734 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $1,684,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. DAVENPORT & Co LLC grew its holdings 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 worth $420,000 after purchasing an additional 202 shares during the period. MB Levis & Associates LLC grew 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 worth $102,000 after purchasing an additional 203 shares during the period. Daymark Wealth Partners LLC grew its holdings in shares of JPMorgan Municipal ETF by 0.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 38,347 shares of the company’s stock worth $1,935,000 after purchasing an additional 228 shares during the period. KFA Private Wealth Group LLC grew its holdings in shares of JPMorgan Municipal ETF by 4.3% during the 4th quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after purchasing an additional 242 shares during the period. Finally, Axis Wealth Partners LLC grew its holdings in shares of JPMorgan Municipal ETF by 4.4% during the 3rd quarter. Axis Wealth Partners LLC now owns 7,172 shares of the company’s stock worth $362,000 after purchasing an additional 300 shares during the period.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.27 on Monday. The stock has a fifty day simple moving average of $50.48 and a 200-day simple moving average of $50.62. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The stock has a market cap of $3.08 billion, a PE 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.