Baron Silver Stevens Financial Advisors LLC Buys 23,295 Shares of JPMorgan Municipal ETF $JMUB

Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,585 shares of the company’s stock after acquiring an additional 23,295 shares during the quarter. JPMorgan Municipal ETF comprises about 1.6% of Baron Silver Stevens Financial Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Baron Silver Stevens Financial Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $11,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of JMUB. Godsey & Gibb Inc. bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at $27,000. Goodman Advisory Group LLC bought a new position in JPMorgan Municipal ETF during the third quarter valued at $37,000. Franklin Resources Inc. bought a new position in JPMorgan Municipal ETF during the third quarter valued at $41,000. N.E.W. Advisory Services LLC bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at $44,000. Finally, Archer Investment Corp bought a new position in JPMorgan Municipal ETF during the third quarter valued at $58,000.

JPMorgan Municipal ETF Stock Up 0.1%

JMUB stock opened at $49.91 on Thursday. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm’s fifty day simple moving average is $50.28 and its two-hundred day simple moving average is $50.58.

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.