JPMorgan Municipal ETF $JMUB Stock: Magnus Financial Group LLC Cuts Holdings

Magnus Financial Group LLC decreased its position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 61.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 320,495 shares of the company’s stock after selling 500,555 shares during the quarter. JPMorgan Municipal ETF comprises approximately 1.0% of Magnus Financial Group LLC’s investment portfolio, making the stock its 23rd biggest holding. Magnus Financial Group LLC owned about 0.18% of JPMorgan Municipal ETF worth $15,249,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Mason & Associates Inc raised its holdings in JPMorgan Municipal ETF by 2.3% in the first quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after purchasing an additional 215 shares during the period. Pennsylvania Capital Management Inc. ADV boosted its position in shares of JPMorgan Municipal ETF by 4.9% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock worth $246,000 after purchasing an additional 230 shares in the last quarter. Balefire LLC boosted its position in shares of JPMorgan Municipal ETF by 4.3% during the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock worth $297,000 after purchasing an additional 242 shares in the last quarter. J. R. Prunier Capital Management LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.5% in the 1st quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after buying an additional 252 shares during the period. Finally, Milestone Investment Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.8% in the 1st quarter. Milestone Investment Advisors LLC now owns 10,898 shares of the company’s stock valued at $545,000 after buying an additional 295 shares during the period.

JPMorgan Municipal ETF Stock Up 0.0%

JMUB opened at $48.25 on Thursday. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The company has a fifty day simple moving average of $48.60 and a 200 day simple moving average of $49.67. The stock has a market cap of $8.73 billion, a P/E ratio of 9.96 and a beta of 0.24.

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.