Dodds Wealth LLC reduced its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 33.7% in the third quarter, Holdings Channel.com reports. The fund owned 146,248 shares of the company’s stock after selling 74,174 shares during the period. JPMorgan Municipal ETF makes up approximately 1.6% of Dodds Wealth LLC’s portfolio, making the stock its 11th biggest position. Dodds Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $6,958,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in JMUB. Commonwealth Equity Services LLC purchased a new position in shares of JPMorgan Municipal ETF in the third quarter valued at $26,661,000. Compass Wealth Management LLC GA raised its stake in shares of JPMorgan Municipal ETF by 4.8% during the 3rd quarter. Compass Wealth Management LLC GA now owns 19,108 shares of the company’s stock valued at $909,000 after purchasing an additional 869 shares during the period. Provenance Wealth Advisors LLC purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter worth about $168,000. Gerber Kawasaki Wealth & Investment Management purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter worth about $467,000. Finally, Summit Wealth Group LLC Co. boosted its stake in JPMorgan Municipal ETF by 12.1% in the 3rd quarter. Summit Wealth Group LLC Co. now owns 14,188 shares of the company’s stock worth $675,000 after purchasing an additional 1,534 shares during the period.
JPMorgan Municipal ETF Stock Up 0.4%
Shares of NYSEARCA JMUB opened at $49.35 on Friday. The company has a market cap of $9.10 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 52 week low of $47.20 and a 52 week high of $51.34. The business has a 50-day simple moving average of $48.43 and a two-hundred 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.
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