WBH Advisory Inc. Makes New $551,000 Investment in JPMorgan Municipal ETF $JMUB

WBH Advisory Inc. acquired a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,912 shares of the company’s stock, valued at approximately $551,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. lifted its position in JPMorgan Municipal ETF by 2,438.3% during the second quarter. Avantax Advisory Services Inc. now owns 897,843 shares of the company’s stock worth $44,569,000 after buying an additional 862,471 shares during the period. Bank of America Corp DE increased its stake in shares of JPMorgan Municipal ETF by 152.3% during the 2nd quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock valued at $54,687,000 after acquiring an additional 665,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Municipal ETF by 33.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock worth $128,035,000 after acquiring an additional 641,736 shares during the period. G2 Capital Management LLC OH boosted its position in shares of JPMorgan Municipal ETF by 489.2% in the second quarter. G2 Capital Management LLC OH now owns 695,217 shares of the company’s stock worth $34,511,000 after acquiring an additional 577,227 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of JPMorgan Municipal ETF by 40.0% in the second quarter. Ameriprise Financial Inc. now owns 1,563,490 shares of the company’s stock worth $77,572,000 after acquiring an additional 447,054 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.73 on Friday. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31. The firm has a 50 day moving average price of $50.64 and a 200 day moving average price of $50.22. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

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.