JPMorgan Municipal ETF $JMUB Shares Newly Purchased by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. acquired a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,285 shares of the company’s stock, valued at approximately $870,000.

Several other hedge funds have also bought and sold shares of JMUB. Avantax Planning Partners Inc. purchased a new position in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $39,742,000. Ashton Thomas Private Wealth LLC grew its stake in shares of JPMorgan Municipal ETF by 27.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 9,054 shares of the company’s stock worth $431,000 after buying an additional 1,948 shares during the last quarter. Inscription Capital LLC grew its stake in shares of JPMorgan Municipal ETF by 38.9% in the 3rd quarter. Inscription Capital LLC now owns 41,401 shares of the company’s stock worth $1,970,000 after buying an additional 11,592 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $26,661,000. Finally, Compass Wealth Management LLC GA increased its position in JPMorgan Municipal ETF by 4.8% during the 3rd quarter. Compass Wealth Management LLC GA now owns 19,108 shares of the company’s stock valued at $909,000 after buying an additional 869 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $49.40 on Monday. The business has a 50 day moving average of $48.43 and a 200 day moving average of $49.88. The firm has a market cap of $9.12 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve 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.