Unique Wealth LLC Raises Stake in JPMorgan Municipal ETF $JMUB

Unique Wealth LLC increased its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 743.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 74,388 shares of the company’s stock after buying an additional 65,572 shares during the period. Unique Wealth LLC owned about 0.12% of JPMorgan Municipal ETF worth $3,697,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Founders Financial Securities LLC grew its stake in shares of JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after acquiring an additional 30,843 shares during the period. Wesbanco Bank Inc. purchased a new stake in JPMorgan Municipal ETF during the fourth quarter valued at about $724,000. CENTRAL TRUST Co lifted its holdings in JPMorgan Municipal ETF by 8.2% during the first quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock valued at $38,759,000 after purchasing an additional 58,732 shares during the last quarter. Larson Financial Group LLC boosted its position in JPMorgan Municipal ETF by 7.1% during the fourth quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock worth $21,982,000 after purchasing an additional 28,878 shares during the period. Finally, Bailard Inc. boosted its position in JPMorgan Municipal ETF by 4.2% during the fourth quarter. Bailard Inc. now owns 794,545 shares of the company’s stock worth $40,125,000 after purchasing an additional 31,886 shares during the period.

JPMorgan Municipal ETF Stock Up 0.1%

JMUB opened at $48.98 on Friday. The firm has a 50-day moving average price of $49.93 and a 200-day moving average price of $50.26. JPMorgan Municipal ETF has a twelve month low of $48.94 and a twelve month high of $51.34. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23.

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.