Riversedge Advisors LLC Purchases 2,313 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Riversedge Advisors LLC raised its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,301 shares of the company’s stock after acquiring an additional 2,313 shares during the quarter. JPMorgan Municipal ETF comprises 1.5% of Riversedge Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Riversedge Advisors LLC owned about 0.47% of JPMorgan Municipal ETF worth $6,484,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Sunbelt Securities Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after buying an additional 755 shares in the last quarter. Blue Investment Partners LLC acquired a new stake in JPMorgan Municipal ETF in the third quarter worth $203,000. Aptus Capital Advisors LLC increased its stake in JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after purchasing an additional 2,997 shares in the last quarter. Atria Investments Inc acquired a new position in shares of JPMorgan Municipal ETF during the third quarter valued at about $208,000. Finally, Vawter Financial Ltd. bought a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth about $214,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.10 on Friday. The company has a 50 day moving average price of $50.44 and a 200-day moving average price of $50.70. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.