Saxony Capital Management LLC lowered its position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 92.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,267 shares of the company’s stock after selling 66,785 shares during the quarter. Saxony Capital Management LLC’s holdings in JPMorgan Municipal ETF were worth $251,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of JMUB. HB Wealth Management LLC acquired a new position in shares of JPMorgan Municipal ETF in the second quarter valued at about $730,906,000. Summit Financial Strategies Inc. raised its stake in JPMorgan Municipal ETF by 1,780.4% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock worth $139,607,000 after purchasing an additional 2,803,937 shares in the last quarter. Capital Analysts LLC raised its stake in JPMorgan Municipal ETF by 856.3% in the 2nd quarter. Capital Analysts LLC now owns 1,909,389 shares of the company’s stock worth $90,546,000 after purchasing an additional 1,709,720 shares in the last quarter. Kintra Wealth LLC raised its stake in JPMorgan Municipal ETF by 8,851.3% in the 2nd quarter. Kintra Wealth LLC now owns 1,433,188 shares of the company’s stock worth $66,564,000 after purchasing an additional 1,417,177 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC bought a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at about $62,723,000.
JPMorgan Municipal ETF Trading Up 0.0%
NYSEARCA JMUB traded up $0.02 during trading on Friday, reaching $48.20. The company’s stock had a trading volume of 3,917,695 shares, compared to its average volume of 1,382,096. The firm has a 50 day moving average price of $48.70 and a 200 day moving average price of $49.71. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The firm has a market capitalization of $8.72 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.
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.
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