JPMorgan Municipal ETF $JMUB Shares Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 16.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,794 shares of the company’s stock after purchasing an additional 14,169 shares during the period. NewEdge Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $5,040,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new stake in JPMorgan Municipal ETF during the fourth quarter valued at approximately $27,000. Goodman Advisory Group LLC acquired a new stake in JPMorgan Municipal ETF during the third quarter valued at approximately $37,000. Franklin Resources Inc. acquired a new stake in JPMorgan Municipal ETF during the third quarter valued at approximately $41,000. N.E.W. Advisory Services LLC acquired a new stake in JPMorgan Municipal ETF during the fourth quarter valued at approximately $44,000. Finally, Archer Investment Corp acquired a new stake in JPMorgan Municipal ETF during the third quarter valued at approximately $58,000.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $50.35 on Tuesday. JPMorgan Municipal ETF has a 12 month low of $49.06 and a 12 month high of $51.34. The firm has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The firm has a 50 day simple moving average of $50.39 and a 200 day simple moving average of $50.61.

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.