2,851,054 JPMorgan Municipal ETF $JMUB Shares Sold by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC reduced its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 95.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 144,624 shares of the company’s stock after selling 2,851,054 shares during the quarter. JPMorgan Municipal ETF accounts for approximately 0.4% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Moss Adams Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $6,881,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. HB Wealth Management LLC bought a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter worth approximately $730,906,000. Summit Financial Strategies Inc. grew its holdings in shares of JPMorgan Municipal ETF by 1,780.4% during the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after purchasing an additional 2,803,937 shares during the last quarter. Capital Analysts LLC increased its holdings in shares of JPMorgan Municipal ETF by 856.3% during the second quarter. Capital Analysts LLC now owns 1,909,389 shares of the company’s stock worth $90,546,000 after buying an additional 1,709,720 shares in the last quarter. Kintra Wealth LLC increased its holdings 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 position in JPMorgan Municipal ETF in the 3rd quarter valued at approximately $62,723,000.

JPMorgan Municipal ETF Trading Up 0.3%

NYSEARCA JMUB opened at $49.09 on Friday. The business’s 50-day moving average price is $48.48 and its two-hundred day moving average price is $49.92. The firm has a market capitalization of $8.99 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month 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.