SteelPeak Wealth LLC Buys New Stake in JPMorgan Municipal ETF $JMUB

SteelPeak Wealth LLC purchased a new stake in JPMorgan Municipal ETF (BATS:JMUB) during the first quarter, according to its most recent filing with the SEC. The fund purchased 39,375 shares of the company’s stock, valued at approximately $1,968,000. SteelPeak Wealth LLC owned about 0.06% of JPMorgan Municipal ETF as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of JMUB. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at about $27,000. Brown Brothers Harriman & Co. purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter worth about $34,000. Franklin Resources Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter worth about $41,000. N.E.W. Advisory Services LLC bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at approximately $44,000. Finally, SHP Wealth Management bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at approximately $47,000.

JPMorgan Municipal ETF Price Performance

BATS JMUB opened at $50.21 on Friday. The stock has a market capitalization of $3.08 billion, a PE ratio of 9.96 and a beta of 0.21. The business has a 50 day simple moving average of $50.34 and a two-hundred day simple moving average of $50.51. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-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.