Collective Family Office LLC Raises Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Collective Family Office LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 11.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 504,584 shares of the company’s stock after purchasing an additional 50,451 shares during the period. JPMorgan Municipal ETF makes up approximately 6.9% of Collective Family Office LLC’s holdings, making the stock its biggest position. Collective Family Office LLC owned 1.82% of JPMorgan Municipal ETF worth $25,305,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JMUB. Sunbelt Securities Inc. raised its stake in shares of JPMorgan Municipal ETF by 208.0% during the third quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after purchasing an additional 755 shares in the last quarter. ICA Group Wealth Management LLC raised its position in shares of JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after buying an additional 450 shares in the last quarter. Blue Investment Partners LLC acquired a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $203,000. Aptus Capital Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF by 291.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock worth $206,000 after acquiring an additional 2,997 shares during the period. Finally, Atria Investments Inc bought a new position in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $208,000.

JPMorgan Municipal ETF Stock Down 0.2 %

BATS:JMUB traded down $0.09 during mid-day trading on Wednesday, reaching $50.19. 292,182 shares of the stock were exchanged. The business’s fifty day moving average price is $50.50 and its two-hundred day moving average price is $50.72. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.