Integrated Wealth Concepts LLC Buys 86,092 Shares of JPMorgan Municipal ETF $JMUB

Integrated Wealth Concepts LLC increased its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 8.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,090,329 shares of the company’s stock after purchasing an additional 86,092 shares during the period. Integrated Wealth Concepts LLC’s holdings in JPMorgan Municipal ETF were worth $55,025,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JMUB. Founders Financial Securities LLC raised its stake in 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 buying an additional 30,843 shares during the period. CENTRAL TRUST Co grew its position in JPMorgan Municipal ETF by 8.2% in the first quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock valued at $38,759,000 after purchasing an additional 58,732 shares in the last quarter. Larson Financial Group LLC increased its position in shares of JPMorgan Municipal ETF by 7.1% in the fourth quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock valued at $21,982,000 after acquiring an additional 28,878 shares during the last quarter. Bailard Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 4.2% in the 4th quarter. Bailard Inc. now owns 794,545 shares of the company’s stock valued at $40,125,000 after buying an additional 31,886 shares during the last quarter. Finally, Cauble & Harre Wealth Management Inc. bought a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at about $1,206,000.

JPMorgan Municipal ETF Trading Up 0.1%

JMUB stock opened at $49.03 on Wednesday. The firm has a market capitalization of $8.31 billion, a PE ratio of 9.96 and a beta of 0.23. The business’s 50 day simple moving average is $49.86 and its 200 day simple moving average is $50.22. JPMorgan Municipal ETF has a 1-year low of $48.94 and a 1-year 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.