21 West Wealth Management LLC trimmed its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 97.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,450 shares of the company’s stock after selling 155,181 shares during the quarter. 21 West Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter valued at about $730,906,000. Meeder Advisory Services Inc. lifted its position in JPMorgan Municipal ETF by 32.5% during the 1st quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock worth $213,076,000 after acquiring an additional 1,044,894 shares during the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Municipal ETF by 26.5% during the first quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock valued at $181,736,000 after acquiring an additional 761,782 shares during the period. Summit Financial Strategies Inc. boosted its holdings in JPMorgan Municipal ETF by 1,780.4% during the second quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after acquiring an additional 2,803,937 shares during the period. Finally, Bank of America Corp DE boosted its holdings in JPMorgan Municipal ETF by 24.0% during the first quarter. Bank of America Corp DE now owns 2,735,757 shares of the company’s stock valued at $136,760,000 after acquiring an additional 529,795 shares during the period.
JPMorgan Municipal ETF Stock Performance
Shares of JPMorgan Municipal ETF stock traded up $0.23 during trading on Tuesday, reaching $47.88. The company’s stock had a trading volume of 5,887,294 shares, compared to its average volume of 1,333,953. The business’s fifty day moving average price is $48.80 and its 200-day moving average price is $49.75. The firm has a market cap of $8.40 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a one year low of $47.20 and a one year 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.
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