Keyvantage Wealth LLC Purchases 13,851 Shares of JPMorgan Municipal ETF $JMUB

Keyvantage Wealth LLC increased its position in JPMorgan Municipal ETF (BATS:JMUB) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,100 shares of the company’s stock after purchasing an additional 13,851 shares during the quarter. JPMorgan Municipal ETF makes up 3.0% of Keyvantage Wealth LLC’s portfolio, making the stock its 12th largest holding. Keyvantage Wealth LLC owned approximately 0.23% of JPMorgan Municipal ETF worth $7,075,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Royal Bank of Canada lifted its position in JPMorgan Municipal ETF by 12.1% in the first quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock worth $5,010,000 after purchasing an additional 10,823 shares during the period. AQR Capital Management LLC lifted its position in 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 bought a new position in JPMorgan Municipal ETF in the second quarter worth $1,950,000. Peapack Gladstone Financial Corp lifted its position in 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 during the period. Finally, Diversify Advisory Services LLC bought a new position in JPMorgan Municipal ETF in the second quarter worth $2,233,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $50.47 on Friday. The stock has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a one year low of $49.06 and a one year high of $51.34. The stock has a fifty day moving average price of $50.23 and a 200 day moving average price of $50.56.

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.