Storgate LLC Takes Position in JPMorgan Municipal ETF $JMUB

Storgate LLC purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,444 shares of the company’s stock, valued at approximately $679,000.

A number of other institutional investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC lifted its position in JPMorgan Municipal ETF by 2.5% during the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after purchasing an additional 202 shares during the period. MB Levis & Associates LLC lifted its position 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 valued at $102,000 after purchasing an additional 203 shares during the period. KFA Private Wealth Group LLC lifted its position 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 valued at $294,000 after purchasing an additional 242 shares during the period. Calton & Associates Inc. lifted its position in JPMorgan Municipal ETF by 3.3% during the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after purchasing an additional 270 shares during the period. Finally, CoreCap Advisors LLC lifted its position in JPMorgan Municipal ETF by 12.4% during the fourth quarter. CoreCap Advisors LLC now owns 2,966 shares of the company’s stock valued at $150,000 after purchasing an additional 328 shares during the period.

JPMorgan Municipal ETF Stock Down 0.2%

Shares of JPMorgan Municipal ETF stock opened at $50.32 on Friday. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The company’s 50 day moving average is $50.31 and its 200 day moving average is $50.54. JPMorgan Municipal ETF has a twelve month low of $49.06 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.