CENTRAL TRUST Co raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 716,605 shares of the company’s stock after purchasing an additional 61,187 shares during the period. CENTRAL TRUST Co’s holdings in JPMorgan Municipal ETF were worth $36,189,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at approximately $27,000. Goodman Advisory Group LLC bought a new position in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $37,000. Franklin Resources Inc. bought a new position in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $41,000. N.E.W. Advisory Services LLC bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at approximately $44,000. Finally, Archer Investment Corp bought a new position in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $58,000.
JPMorgan Municipal ETF Stock Performance
Shares of BATS JMUB opened at $50.27 on Friday. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34. The company has a 50 day simple moving average of $50.48 and a two-hundred day simple moving average of $50.62. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.
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.
Further Reading
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