JPMorgan Municipal ETF $JMUB Shares Purchased by Madison Wealth Partners Inc

Madison Wealth Partners Inc increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 5.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,749 shares of the company’s stock after purchasing an additional 340 shares during the quarter. Madison Wealth Partners Inc’s holdings in JPMorgan Municipal ETF were worth $335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMUB. Meeder Advisory Services Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the 1st quarter worth about $126,587,000. Cetera Investment Advisers increased its position in shares of JPMorgan Municipal ETF by 199.1% during the 1st quarter. Cetera Investment Advisers now owns 1,131,266 shares of the company’s stock worth $56,563,000 after purchasing an additional 753,069 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of JPMorgan Municipal ETF by 114.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,116,436 shares of the company’s stock worth $55,825,000 after purchasing an additional 595,174 shares during the last quarter. G2 Capital Management LLC OH grew its position in JPMorgan Municipal ETF by 489.2% in the 2nd quarter. G2 Capital Management LLC OH now owns 695,217 shares of the company’s stock valued at $34,511,000 after acquiring an additional 577,227 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Municipal ETF by 42.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock valued at $94,037,000 after acquiring an additional 569,892 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

BATS JMUB opened at $50.72 on Monday. The company has a market cap of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. The stock has a 50-day moving average of $50.07 and a two-hundred day moving average of $49.60. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.31.

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.