Obermeyer Wealth Partners Buys 97,215 Shares of JPMorgan Municipal ETF $JMUB

Obermeyer Wealth Partners bought a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,215 shares of the company’s stock, valued at approximately $4,625,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mason & Associates Inc increased its holdings in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock valued at $468,000 after acquiring an additional 215 shares during the last quarter. Pennsylvania Capital Management Inc. ADV lifted its stake in JPMorgan Municipal ETF by 4.9% in the 1st quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock worth $246,000 after purchasing an additional 230 shares in the last quarter. Balefire LLC boosted its holdings in shares of JPMorgan Municipal ETF by 4.3% during the 2nd quarter. Balefire LLC now owns 5,870 shares of the company’s stock valued at $297,000 after purchasing an additional 242 shares during the last quarter. J. R. Prunier Capital Management LLC boosted its holdings in shares of JPMorgan Municipal ETF by 2.5% during the 1st quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after purchasing an additional 252 shares during the last quarter. Finally, Milestone Investment Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 2.8% during the 1st quarter. Milestone Investment Advisors LLC now owns 10,898 shares of the company’s stock valued at $545,000 after purchasing an additional 295 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 0.0%

Shares of JPMorgan Municipal ETF stock opened at $48.25 on Thursday. The firm has a market cap of $8.73 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. The business has a 50-day moving average price of $48.60 and a 200-day moving average price of $49.67. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve month high of $51.34.

JPMorgan Municipal ETF 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.