40,339 Shares in JPMorgan Municipal ETF $JMUB Bought by Lavelle Capital LP

Lavelle Capital LP bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 40,339 shares of the company’s stock, valued at approximately $2,017,000. JPMorgan Municipal ETF makes up 1.3% of Lavelle Capital LP’s holdings, making the stock its 14th biggest position. Lavelle Capital LP owned about 0.07% of JPMorgan Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JMUB. TBH Global Asset Management LLC increased its holdings in shares of JPMorgan Municipal ETF by 1,180.8% in the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after buying an additional 325,140 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in shares of JPMorgan Municipal ETF by 19.3% during the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after acquiring an additional 30,843 shares during the last quarter. Arbor Investment Advisors LLC bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter worth $794,000. Retirement Income Solutions Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 8.3% during the 4th quarter. Retirement Income Solutions Inc. now owns 142,367 shares of the company’s stock worth $7,190,000 after acquiring an additional 10,871 shares during the last quarter. Finally, AllGen Financial Advisors Inc. grew its position in JPMorgan Municipal ETF by 8.3% in the fourth quarter. AllGen Financial Advisors Inc. now owns 250,340 shares of the company’s stock worth $12,642,000 after acquiring an additional 19,149 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.1%

JMUB opened at $49.74 on Friday. The business’s fifty day simple moving average is $50.30 and its 200 day simple moving average is $50.46. JPMorgan Municipal ETF has a 52 week low of $49.28 and a 52 week high of $51.34. The stock has a market cap of $3.05 billion, a PE ratio of 9.96 and a beta of 0.21.

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.