JPMorgan Municipal ETF $JMUB Shares Sold by Leverty Financial Group LLC

Leverty Financial Group LLC cut its position in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 47.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 117,623 shares of the company’s stock after selling 106,665 shares during the quarter. JPMorgan Municipal ETF accounts for about 1.0% of Leverty Financial Group LLC’s holdings, making the stock its 14th biggest holding. Leverty Financial Group LLC owned about 0.07% of JPMorgan Municipal ETF worth $5,597,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Wellington Grp LLC increased its holdings in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 532 shares during the period. SHP Wealth Management acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $47,000. Legacy Wealth Managment LLC ID increased its stake in shares of JPMorgan Municipal ETF by 302.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after buying an additional 958 shares during the period. Brown Lisle Cummings Inc. bought a new position in shares of JPMorgan Municipal ETF during the second quarter worth about $75,000. Finally, Parkside Financial Bank & Trust bought a new position in shares of JPMorgan Municipal ETF during the second quarter worth about $108,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock traded down $0.03 during midday trading on Thursday, reaching $47.31. The company had a trading volume of 2,227,315 shares, compared to its average volume of 1,262,108. The stock has a fifty day moving average price of $48.97 and a 200 day moving average price of $49.82. JPMorgan Municipal ETF has a fifty-two week low of $47.20 and a fifty-two week high of $51.34. The firm has a market cap of $8.29 billion, a PE ratio of 9.96 and a beta of 0.24.

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.