RiverFront Investment Group LLC Acquires 20,219 Shares of JPMorgan Municipal ETF $JMUB

RiverFront Investment Group LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 18.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 130,131 shares of the company’s stock after purchasing an additional 20,219 shares during the period. RiverFront Investment Group LLC’s holdings in JPMorgan Municipal ETF were worth $6,572,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. DAVENPORT & Co LLC grew its holdings in JPMorgan Municipal ETF by 2.5% during the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock worth $420,000 after purchasing an additional 202 shares during the period. MB Levis & Associates LLC grew its holdings in JPMorgan Municipal ETF by 11.2% during the fourth quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after purchasing an additional 203 shares during the period. KFA Private Wealth Group LLC grew its holdings in JPMorgan Municipal ETF by 4.3% during the fourth quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after purchasing an additional 242 shares during the period. Sagespring Wealth Partners LLC grew its holdings in JPMorgan Municipal ETF by 1.3% during the third quarter. Sagespring Wealth Partners LLC now owns 25,781 shares of the company’s stock worth $1,301,000 after purchasing an additional 319 shares during the period. Finally, CoreCap Advisors LLC grew its holdings in JPMorgan Municipal ETF by 12.4% during the fourth quarter. CoreCap Advisors LLC now owns 2,966 shares of the company’s stock worth $150,000 after purchasing an additional 328 shares during the period.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $49.96 on Monday. The stock has a 50-day simple moving average of $50.33 and a 200 day simple moving average of $50.60. The stock has a market capitalization of $3.07 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52 week low of $49.06 and a 52 week 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.