JPMorgan Municipal ETF $JMUB Shares Bought by Verus Capital Partners LLC

Verus Capital Partners LLC raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 12.9% during the first quarter, Holdings Channel.com reports. The firm owned 208,139 shares of the company’s stock after purchasing an additional 23,853 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Municipal ETF were worth $10,405,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth $27,000. Brown Brothers Harriman & Co. purchased a new stake in JPMorgan Municipal ETF in the 4th quarter valued at about $34,000. Franklin Resources Inc. purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at about $41,000. N.E.W. Advisory Services LLC acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at about $44,000. Finally, SHP Wealth Management acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at about $47,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $49.74 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 9.96 and a beta of 0.21. The company has a 50-day moving average of $50.30 and a two-hundred day moving average of $50.46. JPMorgan Municipal ETF has a 1-year low of $49.28 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.