JPMorgan Municipal ETF $JMUB Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE lessened its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 29.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 41,776 shares of the company’s stock after selling 17,144 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in JPMorgan Municipal ETF were worth $2,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC boosted its holdings in shares of JPMorgan Municipal ETF by 2.5% in the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after acquiring an additional 202 shares during the period. MB Levis & Associates LLC grew its position in shares of JPMorgan Municipal ETF by 11.2% during the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after acquiring an additional 203 shares during the last quarter. KFA Private Wealth Group LLC increased its holdings in shares of JPMorgan Municipal ETF by 4.3% in the 4th quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock valued at $294,000 after acquiring an additional 242 shares during the period. Calton & Associates Inc. raised its position in JPMorgan Municipal ETF by 3.3% in the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after purchasing an additional 270 shares during the last quarter. Finally, Advisory Services Network LLC raised its position in JPMorgan Municipal ETF by 1.0% in the 4th quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock valued at $1,654,000 after purchasing an additional 312 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of BATS:JMUB opened at $50.52 on Thursday. The stock has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. The firm has a fifty day moving average price of $50.36 and a 200 day moving average price of $50.53. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-year high of $51.34.

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.