JPMorgan Municipal ETF (BATS:JMUB) Stock Position Increased by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 38.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,838 shares of the company’s stock after buying an additional 3,297 shares during the period. USAdvisors Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in JPMorgan Municipal ETF by 15.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 29,229 shares of the company’s stock worth $1,473,000 after buying an additional 3,923 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of JPMorgan Municipal ETF by 21.0% in the second quarter. NewEdge Advisors LLC now owns 28,626 shares of the company’s stock worth $1,442,000 after purchasing an additional 4,963 shares in the last quarter. Truist Financial Corp increased its holdings in shares of JPMorgan Municipal ETF by 4.8% during the second quarter. Truist Financial Corp now owns 358,083 shares of the company’s stock valued at $18,038,000 after purchasing an additional 16,539 shares during the period. Cetera Investment Advisers increased its holdings in shares of JPMorgan Municipal ETF by 59.9% during the second quarter. Cetera Investment Advisers now owns 114,602 shares of the company’s stock valued at $5,773,000 after purchasing an additional 42,929 shares during the period. Finally, RiverFront Investment Group LLC raised its stake in shares of JPMorgan Municipal ETF by 9.8% during the second quarter. RiverFront Investment Group LLC now owns 62,092 shares of the company’s stock valued at $3,128,000 after purchasing an additional 5,540 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 1.1 %

Shares of JMUB opened at $50.34 on Thursday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm has a 50-day moving average of $50.40 and a 200-day moving average of $50.68.

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.