23,800 Shares in JPMorgan Municipal ETF $JMUB Acquired by Cauble & Harre Wealth Management Inc.

Cauble & Harre Wealth Management Inc. purchased a new position in JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 23,800 shares of the company’s stock, valued at approximately $1,206,000. JPMorgan Municipal ETF makes up 1.0% of Cauble & Harre Wealth Management Inc.’s holdings, making the stock its 26th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Water Asset Management acquired a new stake in JPMorgan Municipal ETF during the 4th quarter worth about $466,000. Thrivent Financial for Lutherans grew its position in JPMorgan Municipal ETF by 2.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 148,104 shares of the company’s stock worth $7,499,000 after purchasing an additional 3,097 shares during the period. Avantax Planning Partners Inc. grew its position in JPMorgan Municipal ETF by 7.9% during the 4th quarter. Avantax Planning Partners Inc. now owns 1,251,400 shares of the company’s stock worth $63,196,000 after purchasing an additional 91,216 shares during the period. Cornerstone Wealth Management LLC grew its position in JPMorgan Municipal ETF by 3.7% during the 4th quarter. Cornerstone Wealth Management LLC now owns 194,805 shares of the company’s stock worth $9,838,000 after purchasing an additional 6,934 shares during the period. Finally, Western Wealth Management LLC grew its position in JPMorgan Municipal ETF by 49.5% during the 4th quarter. Western Wealth Management LLC now owns 11,436 shares of the company’s stock worth $578,000 after purchasing an additional 3,786 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $49.96 on Friday. The business’s 50-day moving average is $50.33 and its two-hundred day moving average is $50.60. The company has a market capitalization of $3.07 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week 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.