JPMorgan Municipal ETF $JMUB Stock Sold by Acima Private Wealth LLC

Acima Private Wealth LLC cut its position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 96.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,997 shares of the company’s stock after selling 290,917 shares during the quarter. Acima Private Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Financial Bank Trust Division bought a new position in JPMorgan Municipal ETF in the third quarter worth $2,786,000. Envestnet Portfolio Solutions Inc. grew its position in shares of JPMorgan Municipal ETF by 7.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,089 shares of the company’s stock worth $1,119,000 after buying an additional 1,456 shares during the period. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Municipal ETF by 14.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,186,706 shares of the company’s stock worth $110,768,000 after buying an additional 273,394 shares during the period. Anchor Investment Management LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 2nd quarter worth about $502,000. Finally, Bouchey Financial Group Ltd. bought a new position in shares of JPMorgan Municipal ETF in the 2nd quarter worth about $59,195,000.

JPMorgan Municipal ETF Price Performance

NYSEARCA JMUB traded up $0.10 during trading hours on Monday, reaching $47.64. 3,872,147 shares of the company’s stock traded hands, compared to its average volume of 1,221,208. JPMorgan Municipal ETF has a 52-week low of $47.20 and a 52-week high of $51.34. The firm has a market cap of $8.24 billion, a PE ratio of 9.96 and a beta of 0.24. The firm has a 50-day simple moving average of $49.11 and a 200 day simple moving average of $49.88.

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.