Cahill Financial Advisors Inc. Purchases 30,559 Shares of JPMorgan Municipal ETF $JMUB

Cahill Financial Advisors Inc. lifted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 67.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,545 shares of the company’s stock after acquiring an additional 30,559 shares during the period. Cahill Financial Advisors Inc. owned approximately 0.12% of JPMorgan Municipal ETF worth $3,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. acquired a new stake in JPMorgan Municipal ETF during the second quarter worth approximately $28,000. Briaud Financial Planning Inc bought a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth approximately $48,000. Archer Investment Corp acquired a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $58,000. Cape Investment Advisory Inc. grew its position in shares of JPMorgan Municipal ETF by 698.2% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,740 shares of the company’s stock worth $86,000 after buying an additional 1,522 shares during the period. Finally, AE Wealth Management LLC increased its stake in shares of JPMorgan Municipal ETF by 49.9% in the 3rd quarter. AE Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $95,000 after acquiring an additional 629 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 2.0%

JPMorgan Municipal ETF stock opened at $50.79 on Friday. The company has a market capitalization of $3.12 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.31. The firm’s fifty day moving average is $50.64 and its 200 day moving average is $50.26.

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.