JPMorgan Municipal ETF $JMUB Stock Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC boosted its position in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 26.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 657,880 shares of the company’s stock after purchasing an additional 137,138 shares during the period. JPMorgan Municipal ETF comprises 4.2% of Lebenthal Global Advisors LLC’s holdings, making the stock its 4th largest position. Lebenthal Global Advisors LLC owned about 0.36% of JPMorgan Municipal ETF worth $31,302,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JMUB. HB Wealth Management LLC bought a new position in shares of JPMorgan Municipal ETF in the second quarter valued at about $730,906,000. Meeder Advisory Services Inc. grew its stake in JPMorgan Municipal ETF by 32.5% in the 1st quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock valued at $213,076,000 after buying an additional 1,044,894 shares during the last quarter. Cetera Investment Advisers grew its stake in JPMorgan Municipal ETF by 26.5% in the 1st quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock valued at $181,736,000 after buying an additional 761,782 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in JPMorgan Municipal ETF by 1,780.4% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after buying an additional 2,803,937 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in JPMorgan Municipal ETF by 24.0% in the 1st quarter. Bank of America Corp DE now owns 2,735,757 shares of the company’s stock valued at $136,760,000 after acquiring an additional 529,795 shares during the period.

JPMorgan Municipal ETF Trading Up 0.3%

JPMorgan Municipal ETF stock opened at $49.09 on Friday. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The stock’s 50 day moving average is $48.48 and its 200-day moving average is $49.92. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.

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.