High Net Worth Advisory Group LLC Acquires 6,000 Shares of JPMorgan Municipal ETF (BATS:JMUB)

High Net Worth Advisory Group LLC increased its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 63.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,480 shares of the company’s stock after acquiring an additional 6,000 shares during the period. High Net Worth Advisory Group LLC owned about 0.06% of JPMorgan Municipal ETF worth $776,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Raymond James & Associates raised its stake in shares of JPMorgan Municipal ETF by 40.1% in the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after purchasing an additional 115,690 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in JPMorgan Municipal ETF by 33.3% during the third quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after buying an additional 2,272 shares in the last quarter. Atria Investments Inc purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $208,000. Cahill Financial Advisors Inc. purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $267,000. Finally, Jane Street Group LLC lifted its stake in JPMorgan Municipal ETF by 95.9% during the 3rd quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock valued at $1,587,000 after acquiring an additional 15,146 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.20 on Monday. The business has a 50-day moving average price of $50.41 and a two-hundred day moving average price of $50.68. 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.