IAG Wealth Partners LLC Buys 99,380 Shares of JPMorgan Municipal ETF $JMUB

IAG Wealth Partners LLC lifted its stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 24.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 499,475 shares of the company’s stock after buying an additional 99,380 shares during the quarter. JPMorgan Municipal ETF accounts for about 2.2% of IAG Wealth Partners LLC’s holdings, making the stock its 17th biggest holding. IAG Wealth Partners LLC’s holdings in JPMorgan Municipal ETF were worth $23,765,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wellington Grp LLC grew its stake in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake in JPMorgan Municipal ETF by 302.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after buying an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new stake in JPMorgan Municipal ETF during the second quarter valued at approximately $75,000. Parkside Financial Bank & Trust acquired a new stake in JPMorgan Municipal ETF during the second quarter valued at approximately $108,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in JPMorgan Municipal ETF during the 1st quarter worth approximately $109,000.

JPMorgan Municipal ETF Stock Down 0.9%

NYSEARCA:JMUB opened at $48.95 on Friday. The company has a market cap of $9.15 billion, a PE ratio of 9.96 and a beta of 0.24. The business’s 50 day moving average is $48.42 and its two-hundred day moving average is $49.85. JPMorgan Municipal ETF has a 52 week low of $47.20 and a 52 week high of $51.34.

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.