13,809 JPMorgan Municipal ETF $JMUB Shares Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 12.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 127,213 shares of the company’s stock after buying an additional 13,809 shares during the period. Prime Capital Investment Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $6,053,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JMUB. Wellington Grp LLC raised its holdings in JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after acquiring an additional 532 shares during the period. SHP Wealth Management acquired a new position in JPMorgan Municipal ETF in the 4th quarter valued at approximately $47,000. Legacy Wealth Managment LLC ID raised its stake in shares of JPMorgan Municipal ETF by 302.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after purchasing an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth about $75,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in JPMorgan Municipal ETF during the first quarter worth about $109,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $48.24 on Wednesday. JPMorgan Municipal ETF has a one year low of $47.20 and a one year high of $51.34. The stock’s fifty day simple moving average is $48.63 and its 200 day simple moving average is $49.69. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.

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.