JPMorgan Municipal ETF $JMUB Position Reduced by Boulder Wealth Advisors LLC

Boulder Wealth Advisors LLC lessened its stake in JPMorgan Municipal ETF (BATS:JMUB) by 17.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 153,365 shares of the company’s stock after selling 32,191 shares during the period. JPMorgan Municipal ETF accounts for about 3.3% of Boulder Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Boulder Wealth Advisors LLC owned 0.25% of JPMorgan Municipal ETF worth $7,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. DAVENPORT & Co LLC increased its stake in JPMorgan Municipal ETF by 2.5% in the 4th quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock worth $420,000 after buying an additional 202 shares during the period. MB Levis & Associates LLC increased its stake in JPMorgan Municipal ETF by 11.2% in the 4th quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after buying an additional 203 shares during the period. KFA Private Wealth Group LLC increased its stake in JPMorgan Municipal ETF by 4.3% in the 4th quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after buying an additional 242 shares during the period. Sagespring Wealth Partners LLC increased its position in JPMorgan Municipal ETF by 1.3% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 25,781 shares of the company’s stock valued at $1,301,000 after purchasing an additional 319 shares during the period. Finally, CoreCap Advisors LLC increased its position in JPMorgan Municipal ETF by 12.4% during the 4th quarter. CoreCap Advisors LLC now owns 2,966 shares of the company’s stock valued at $150,000 after purchasing an additional 328 shares during the period.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.19 on Friday. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The company’s 50-day simple moving average is $50.35 and its two-hundred day simple moving average is $50.60. JPMorgan Municipal ETF has a one year low of $49.06 and a one year high of $51.34.

JPMorgan Municipal ETF Company 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.