Simon Quick Advisors LLC Makes New Investment in JPMorgan Municipal ETF $JMUB

Simon Quick Advisors LLC purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 139,525 shares of the company’s stock, valued at approximately $7,046,000. Simon Quick Advisors LLC owned approximately 0.23% of JPMorgan Municipal ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMUB. Godsey & Gibb Inc. bought a new stake in JPMorgan Municipal ETF during the fourth quarter worth $27,000. Goodman Advisory Group LLC bought a new stake in JPMorgan Municipal ETF during the third quarter worth $37,000. Franklin Resources Inc. bought a new stake in JPMorgan Municipal ETF during the third quarter worth $41,000. N.E.W. Advisory Services LLC acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth approximately $44,000. Finally, Archer Investment Corp acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $58,000.

JPMorgan Municipal ETF Trading Up 0.0%

JMUB stock opened at $50.54 on Friday. The firm has a market capitalization of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-year high of $51.34. The business’s 50 day simple moving average is $50.53 and its 200 day simple moving average is $50.62.

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.