Everest Financial Group LLC Buys 132,017 Shares of JPMorgan Municipal ETF $JMUB

Everest Financial Group LLC grew its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 732.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 150,051 shares of the company’s stock after buying an additional 132,017 shares during the period. Everest Financial Group LLC’s holdings in JPMorgan Municipal ETF were worth $7,139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wellington Grp LLC lifted its stake in shares of JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 532 shares during the period. Legacy Wealth Managment LLC ID grew its position in JPMorgan Municipal ETF by 302.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock worth $64,000 after buying an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in JPMorgan Municipal ETF during the second quarter valued at about $75,000. Parkside Financial Bank & Trust bought a new position in JPMorgan Municipal ETF during the second quarter valued at about $108,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in JPMorgan Municipal ETF in the 1st quarter valued at approximately $109,000.

JPMorgan Municipal ETF Stock Down 0.9%

JPMorgan Municipal ETF stock opened at $48.95 on Friday. The business has a 50 day moving average price of $48.42 and a two-hundred day moving average price of $49.85. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The stock has a market cap of $9.15 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.

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.