XY Planning Network Inc. cut its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 80.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,523 shares of the company’s stock after selling 30,435 shares during the quarter. XY Planning Network Inc.’s holdings in JPMorgan Municipal ETF were worth $358,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. HB Wealth Management LLC acquired a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at $730,906,000. Summit Financial Strategies Inc. increased its holdings in JPMorgan Municipal ETF by 1,780.4% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock worth $139,607,000 after acquiring an additional 2,803,937 shares in the last quarter. Capital Analysts LLC increased its holdings in JPMorgan Municipal ETF by 856.3% in the 2nd quarter. Capital Analysts LLC now owns 1,909,389 shares of the company’s stock worth $90,546,000 after acquiring an additional 1,709,720 shares in the last quarter. Kintra Wealth LLC raised its position in JPMorgan Municipal ETF by 8,851.3% during the second quarter. Kintra Wealth LLC now owns 1,433,188 shares of the company’s stock worth $66,564,000 after acquiring an additional 1,417,177 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC acquired a new position in JPMorgan Municipal ETF during the third quarter worth $62,723,000.
JPMorgan Municipal ETF Stock Down 0.1%
JMUB opened at $47.81 on Thursday. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 52-week low of $47.20 and a 52-week high of $51.34. The firm’s fifty day simple moving average is $48.76 and its two-hundred day simple moving average is $49.74.
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.
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