37,958 Shares in JPMorgan Municipal ETF $JMUB Bought by XY Planning Network Inc.

XY Planning Network Inc. acquired a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 37,958 shares of the company’s stock, valued at approximately $1,810,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wellington Grp LLC grew its stake in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after acquiring an additional 532 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth about $34,000. Franklin Resources Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter worth about $41,000. SHP Wealth Management bought a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $47,000. Finally, Lavaca Capital LLC bought a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $48,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $49.03 on Wednesday. The stock has a 50 day simple moving average of $49.86 and a 200 day simple moving average of $50.22. JPMorgan Municipal ETF has a 52-week low of $48.94 and a 52-week high of $51.34. The firm has a market capitalization of $8.31 billion, a PE ratio of 9.96 and a beta of 0.23.

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.