JPMorgan Municipal ETF $JMUB Shares Newly Acquired by Bernicke Wealth Management Ltd.

Bernicke Wealth Management Ltd. bought a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 37,943 shares of the company’s stock, valued at approximately $1,805,000.

Several other institutional investors have also recently added to or reduced their stakes in JMUB. HB Wealth Management LLC purchased a new position in JPMorgan Municipal ETF in the second quarter valued at approximately $730,906,000. Meeder Advisory Services Inc. boosted its holdings in shares of 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 in the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 in the last quarter. Summit Financial Strategies Inc. boosted its holdings in shares of 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 in the last quarter. Finally, Bank of America Corp DE grew its position in shares of 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 buying an additional 529,795 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

NYSEARCA JMUB opened at $48.86 on Friday. The firm’s fifty day moving average price is $48.42 and its 200 day moving average price is $49.84. JPMorgan Municipal ETF has a 12 month low of $47.20 and a 12 month high of $51.34. The company has a market capitalization of $9.14 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.