80,853 Shares in JPMorgan Municipal ETF $JMUB Bought by Hopwood Nicholas Hunter

Hopwood Nicholas Hunter purchased a new position in JPMorgan Municipal ETF (NYSEARCA:JMUB) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 80,853 shares of the company’s stock, valued at approximately $3,795,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Royal Bank of Canada raised its position in shares of JPMorgan Municipal ETF by 12.1% during the first quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after buying an additional 10,823 shares during the last quarter. AQR Capital Management LLC increased its stake in JPMorgan Municipal ETF by 37.4% during the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after acquiring an additional 2,927 shares during the period. Cerity Partners LLC acquired a new position in JPMorgan Municipal ETF in the 2nd quarter valued at approximately $1,950,000. Peapack Gladstone Financial Corp raised its holdings in JPMorgan Municipal ETF by 317.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock valued at $3,926,000 after acquiring an additional 60,157 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of JPMorgan Municipal ETF in the 2nd quarter worth approximately $2,233,000.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of NYSEARCA:JMUB opened at $48.98 on Friday. JPMorgan Municipal ETF has a 1-year low of $48.94 and a 1-year high of $51.34. The firm has a market capitalization of $8.30 billion, a PE ratio of 9.96 and a beta of 0.23. The business’s 50 day moving average is $49.93 and its 200-day moving average is $50.26.

About JPMorgan Municipal ETF

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.