89,649 Shares in JPMorgan Municipal ETF $JMUB Bought by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC purchased a new position in JPMorgan Municipal ETF (BATS:JMUB) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 89,649 shares of the company’s stock, valued at approximately $4,572,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake 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 acquiring an additional 12,818,224 shares during the period. LPL Financial LLC raised its stake in JPMorgan Municipal ETF by 44.5% during the 4th quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock valued at $279,362,000 after purchasing an additional 1,702,513 shares during the period. Meeder Advisory Services Inc. raised its stake in JPMorgan Municipal ETF by 32.5% during the 1st quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock valued at $213,076,000 after purchasing an additional 1,044,894 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 worth $210,065,000 after purchasing an additional 950,852 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in JPMorgan Municipal ETF by 26.5% in the 1st quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock worth $181,736,000 after purchasing an additional 761,782 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $49.60 on Monday. JPMorgan Municipal ETF has a 1-year low of $49.33 and a 1-year high of $51.34. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The business has a 50 day simple moving average of $50.07 and a two-hundred day simple moving average of $50.32.

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.