101,378 JPMorgan Municipal ETF $JMUB Shares Sold by United Advisor Group LLC

United Advisor Group LLC trimmed its position in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 71.9% during the third quarter, Holdings Channel reports. The institutional investor owned 39,680 shares of the company’s stock after selling 101,378 shares during the quarter. United Advisor Group LLC’s holdings in JPMorgan Municipal ETF were worth $1,888,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mason & Associates Inc increased its stake in shares of JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock valued at $468,000 after buying an additional 215 shares during the period. MGO One Seven LLC lifted its stake in shares of JPMorgan Municipal ETF by 1.5% during the third quarter. MGO One Seven LLC now owns 15,265 shares of the company’s stock valued at $726,000 after acquiring an additional 231 shares during the period. Balefire LLC lifted its stake in shares of JPMorgan Municipal ETF by 4.3% during the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock valued at $297,000 after acquiring an additional 242 shares during the period. J. R. Prunier Capital Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 2.5% during the first quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after acquiring an additional 252 shares during the period. Finally, Howard Wealth Management LLC boosted its holdings in JPMorgan Municipal ETF by 4.5% in the third quarter. Howard Wealth Management LLC now owns 6,253 shares of the company’s stock valued at $298,000 after acquiring an additional 272 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 0.1%

JPMorgan Municipal ETF stock traded up $0.05 during mid-day trading on Friday, hitting $49.40. The stock had a trading volume of 2,375,915 shares, compared to its average volume of 1,526,031. The stock has a 50-day simple moving average of $48.43 and a two-hundred day simple moving average of $49.88. The stock has a market capitalization of $9.12 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 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.