JPMorgan Municipal ETF $JMUB Stake Boosted by CENTRAL TRUST Co

CENTRAL TRUST Co boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 8.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 775,337 shares of the company’s stock after buying an additional 58,732 shares during the period. JPMorgan Municipal ETF comprises 0.8% of CENTRAL TRUST Co’s investment portfolio, making the stock its 29th largest holding. CENTRAL TRUST Co’s holdings in JPMorgan Municipal ETF were worth $38,759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of JMUB. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Municipal ETF by 1,656.4% in the fourth quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after buying an additional 12,818,224 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan Municipal ETF by 44.5% during the fourth quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock valued at $279,362,000 after acquiring an additional 1,702,513 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan Municipal ETF by 29.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock valued at $210,065,000 after acquiring an additional 950,852 shares in the last quarter. Captrust Financial Advisors boosted its stake in JPMorgan Municipal ETF by 375.8% in the 3rd quarter. Captrust Financial Advisors now owns 1,061,229 shares of the company’s stock worth $53,560,000 after purchasing an additional 838,165 shares during the period. Finally, Ameriprise Financial Inc. grew its position in JPMorgan Municipal ETF by 43.7% during the 3rd 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 in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of BATS:JMUB opened at $50.49 on Wednesday. The company’s fifty day moving average is $50.34 and its two-hundred day moving average is $50.52. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34. The company has a market cap of $3.10 billion, a P/E 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.