Simon Quick Advisors LLC Purchases 59,921 Shares of JPMorgan Municipal ETF $JMUB

Simon Quick Advisors LLC raised its position in JPMorgan Municipal ETF (BATS:JMUB) by 42.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 199,446 shares of the company’s stock after purchasing an additional 59,921 shares during the period. Simon Quick Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $9,970,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $27,000. Brown Brothers Harriman & Co. bought a new position in JPMorgan Municipal ETF during the fourth quarter worth $34,000. Franklin Resources Inc. acquired a new position in JPMorgan Municipal ETF in the third quarter valued at $41,000. N.E.W. Advisory Services LLC acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at $44,000. Finally, SHP Wealth Management bought a new stake in JPMorgan Municipal ETF during the fourth quarter valued at $47,000.

JPMorgan Municipal ETF Trading Up 0.0%

Shares of JMUB opened at $50.21 on Friday. The firm’s fifty day simple moving average is $50.34 and its two-hundred day simple moving average is $50.51. JPMorgan Municipal ETF has a 12 month low of $49.06 and a 12 month high of $51.34. The stock has a market capitalization of $3.08 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.