JPMorgan Municipal ETF $JMUB Shares Sold by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC lessened its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 60.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 7,912 shares of the company’s stock after selling 11,870 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in JPMorgan Municipal ETF were worth $396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC grew its stake in JPMorgan Municipal ETF by 2.5% during 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 last quarter. MB Levis & Associates LLC increased its position in JPMorgan Municipal ETF by 11.2% during the 4th quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock valued at $102,000 after buying an additional 203 shares in the last quarter. KFA Private Wealth Group LLC raised its stake in JPMorgan Municipal ETF by 4.3% in the fourth quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock valued at $294,000 after buying an additional 242 shares during the last quarter. Calton & Associates Inc. raised its stake in JPMorgan Municipal ETF by 3.3% in the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after buying an additional 270 shares during the last quarter. Finally, Advisory Services Network LLC boosted its holdings in JPMorgan Municipal ETF by 1.0% in the fourth quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock worth $1,654,000 after acquiring an additional 312 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB stock opened at $50.48 on Monday. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The stock’s 50-day simple moving average is $50.33 and its 200-day simple moving average is $50.53.

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.