JPMorgan Municipal ETF $JMUB Holdings Reduced by NewEdge Wealth LLC

NewEdge Wealth LLC lowered its position in JPMorgan Municipal ETF (BATS:JMUB) by 12.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 87,854 shares of the company’s stock after selling 11,940 shares during the quarter. NewEdge Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. DAVENPORT & Co LLC raised its holdings in shares of JPMorgan Municipal ETF by 2.5% during the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after buying an additional 202 shares during the last quarter. MB Levis & Associates LLC grew its holdings 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 in the last quarter. Mason & Associates Inc grew its holdings in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after buying an additional 215 shares in the last quarter. Pennsylvania Capital Management Inc. ADV increased its position in JPMorgan Municipal ETF by 4.9% in the 1st quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock valued at $246,000 after acquiring an additional 230 shares during the period. Finally, Calton & Associates Inc. increased its position in JPMorgan Municipal ETF by 3.3% in the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after acquiring an additional 270 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $49.73 on Friday. The business’s fifty day moving average price is $50.31 and its two-hundred day moving average price is $50.49. The company has a market capitalization of $3.05 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1-year low of $49.17 and a 1-year high of $51.34.

About JPMorgan Municipal ETF

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.