Landmark Wealth Management LLC reduced its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) by 83.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,050 shares of the company’s stock after selling 279,692 shares during the quarter. Landmark Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $2,667,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of JMUB. Avantax Planning Partners Inc. bought a new position in JPMorgan Municipal ETF during the 3rd quarter worth approximately $39,742,000. Ashton Thomas Private Wealth LLC grew its holdings in JPMorgan Municipal ETF by 27.4% during the third quarter. Ashton Thomas Private Wealth LLC now owns 9,054 shares of the company’s stock valued at $431,000 after purchasing an additional 1,948 shares during the period. Inscription Capital LLC grew its holdings in JPMorgan Municipal ETF by 38.9% during the third quarter. Inscription Capital LLC now owns 41,401 shares of the company’s stock valued at $1,970,000 after purchasing an additional 11,592 shares during the period. Commonwealth Equity Services LLC bought a new stake in JPMorgan Municipal ETF in the third quarter valued at approximately $26,661,000. Finally, Compass Wealth Management LLC GA increased its stake in JPMorgan Municipal ETF by 4.8% in the third 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 in the last quarter.
JPMorgan Municipal ETF Stock Performance
JMUB opened at $49.40 on Monday. The firm’s fifty day moving average is $48.43 and its two-hundred day moving average is $49.88. The firm has a market cap of $9.12 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve month high of $51.34.
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.
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