Founders Financial Securities LLC Purchases 30,843 Shares of JPMorgan Municipal ETF $JMUB

Founders Financial Securities LLC raised its position in JPMorgan Municipal ETF (BATS:JMUB) by 19.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,822 shares of the company’s stock after buying an additional 30,843 shares during the period. Founders Financial Securities LLC owned 0.31% of JPMorgan Municipal ETF worth $9,612,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JMUB. DAVENPORT & Co LLC raised its stake in shares of JPMorgan Municipal ETF by 2.5% in the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after acquiring an additional 202 shares during the last quarter. MB Levis & Associates LLC boosted its holdings in shares of JPMorgan Municipal ETF by 11.2% in the 4th quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after acquiring an additional 203 shares in the last quarter. KFA Private Wealth Group LLC grew its position in 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 acquiring an additional 242 shares during the last quarter. Calton & Associates Inc. grew its position in JPMorgan Municipal ETF by 3.3% during the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock worth $431,000 after acquiring an additional 270 shares during the last quarter. Finally, Advisory Services Network LLC increased its holdings in JPMorgan Municipal ETF by 1.0% during the 4th quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock valued at $1,654,000 after purchasing an additional 312 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $50.48 on Friday. The business has a fifty day moving average price of $50.33 and a 200 day moving average price of $50.53. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

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.