1,261,080 Shares in JPMorgan Municipal ETF $JMUB Acquired by Bouchey Financial Group Ltd.

Bouchey Financial Group Ltd. acquired a new stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) in the second quarter, Holdings Channel.com reports. The firm acquired 1,261,080 shares of the company’s stock, valued at approximately $59,195,000. JPMorgan Municipal ETF makes up approximately 3.8% of Bouchey Financial Group Ltd.’s portfolio, making the stock its 8th biggest position.

A number of other hedge funds have also bought and sold shares of JMUB. Founders Financial Securities LLC boosted its holdings in shares of JPMorgan Municipal ETF by 19.3% in the first quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after acquiring an additional 30,843 shares during the period. CENTRAL TRUST Co grew its position in shares of JPMorgan Municipal ETF by 8.2% in the first quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock valued at $38,759,000 after purchasing an additional 58,732 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of JPMorgan Municipal ETF by 7.1% during the 4th quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock valued at $21,982,000 after purchasing an additional 28,878 shares during the period. Cauble & Harre Wealth Management Inc. bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter valued at $1,206,000. Finally, Peapack Gladstone Financial Corp raised its stake in shares of JPMorgan Municipal ETF by 31.6% during the 4th quarter. Peapack Gladstone Financial Corp now owns 143,226 shares of the company’s stock valued at $7,232,000 after purchasing an additional 34,391 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $48.79 on Thursday. JPMorgan Municipal ETF has a 52-week low of $48.78 and a 52-week high of $51.34. The stock’s 50-day simple moving average is $49.82 and its 200 day simple moving average is $50.21. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23.

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.