Legacy Wealth Managment LLC ID Acquires 31,949 Shares of JPMorgan Municipal ETF $JMUB

Legacy Wealth Managment LLC ID raised its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 2,505.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,224 shares of the company’s stock after buying an additional 31,949 shares during the quarter. Legacy Wealth Managment LLC ID’s holdings in JPMorgan Municipal ETF were worth $1,560,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Municipal ETF by 1,656.4% during the 4th 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 in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Municipal ETF by 44.5% in the 4th 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 in the last quarter. Meeder Advisory Services Inc. lifted its position in shares of 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 acquiring an additional 1,044,894 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan Municipal ETF by 29.6% during 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 during the period. Finally, Cetera Investment Advisers boosted its stake in JPMorgan Municipal ETF by 26.5% during the first quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock worth $181,736,000 after acquiring an additional 761,782 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.3%

Shares of NYSEARCA JMUB opened at $48.94 on Friday. The firm has a market cap of $8.30 billion, a PE ratio of 9.96 and a beta of 0.23. The company’s fifty day simple moving average is $49.96 and its 200 day simple moving average is $50.27. JPMorgan Municipal ETF has a 12-month low of $48.94 and a 12-month high of $51.34.

About JPMorgan Municipal ETF

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.