Oppenheimer & Co. Inc. acquired a new stake in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,011 shares of the company’s stock, valued at approximately $714,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of JMUB. Park Avenue Securities LLC acquired a new position in shares of JPMorgan Municipal ETF during the third quarter worth approximately $6,316,000. Leslie Global Wealth LLC lifted its holdings in shares of JPMorgan Municipal ETF by 14.1% in the 3rd quarter. Leslie Global Wealth LLC now owns 71,489 shares of the company’s stock worth $3,401,000 after purchasing an additional 8,847 shares in the last quarter. Equity Wealth Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 14.4% in the 3rd quarter. Equity Wealth Partners LLC now owns 54,367 shares of the company’s stock worth $2,587,000 after purchasing an additional 6,848 shares in the last quarter. Morton Brown Family Wealth LLC acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $1,596,000. Finally, Live Oak Investment Partners acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $219,000.
JPMorgan Municipal ETF Trading Up 0.4%
Shares of JMUB stock opened at $49.14 on Thursday. The firm has a market capitalization of $9.06 billion, a PE ratio of 9.96 and a beta of 0.24. The firm has a fifty day simple moving average of $48.44 and a two-hundred day simple moving average of $49.89. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month 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.
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