JPMorgan Municipal ETF $JMUB Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC decreased its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 72.9% during the 3rd quarter, Holdings Channel reports. The firm owned 250,442 shares of the company’s stock after selling 673,004 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Municipal ETF were worth $11,916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JMUB. Ashton Thomas Private Wealth LLC boosted its holdings in shares of JPMorgan Municipal ETF by 27.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 9,054 shares of the company’s stock valued at $431,000 after buying an additional 1,948 shares during the last quarter. Inscription Capital LLC grew its stake in shares of JPMorgan Municipal ETF by 38.9% in the third quarter. Inscription Capital LLC now owns 41,401 shares of the company’s stock valued at $1,970,000 after buying an additional 11,592 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of JPMorgan Municipal ETF in the third quarter valued at $26,661,000. Compass Wealth Management LLC GA increased its holdings in JPMorgan Municipal ETF by 4.8% during the third quarter. Compass Wealth Management LLC GA now owns 19,108 shares of the company’s stock worth $909,000 after buying an additional 869 shares during the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new position in JPMorgan Municipal ETF during the third quarter worth $168,000.

JPMorgan Municipal ETF Trading Up 0.1%

NYSEARCA JMUB opened at $49.40 on Friday. The firm’s fifty day moving average price is $48.43 and its two-hundred day moving average price is $49.88. JPMorgan Municipal ETF has a 1 year low of $47.20 and a 1 year high of $51.34. The firm has a market capitalization of $9.12 billion, a P/E ratio of 9.96 and a beta of 0.24.

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.