Inscription Capital LLC Purchases Shares of 29,629 JPMorgan Municipal ETF $JMUB

Inscription Capital LLC acquired a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,629 shares of the company’s stock, valued at approximately $1,496,000.

Other institutional investors have also modified their holdings of the company. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at $27,000. Goodman Advisory Group LLC purchased a new stake in JPMorgan Municipal ETF in the third quarter valued at $37,000. Franklin Resources Inc. purchased a new stake in JPMorgan Municipal ETF in the third quarter valued at $41,000. N.E.W. Advisory Services LLC acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at $44,000. Finally, Archer Investment Corp acquired a new position in JPMorgan Municipal ETF in the third quarter valued at $58,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB stock opened at $50.54 on Monday. The stock’s 50-day moving average is $50.53 and its two-hundred day moving average is $50.62. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $49.06 and a 1 year high of $51.34.

JPMorgan Municipal ETF 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.