Mason & Associates Inc boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 1.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,486 shares of the company’s stock after purchasing an additional 343 shares during the quarter. Mason & Associates Inc owned about 0.12% of JPMorgan Municipal ETF worth $1,666,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter valued at about $58,000. ICA Group Wealth Management LLC grew its position in JPMorgan Municipal ETF by 62.9% in the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after purchasing an additional 450 shares during the period. GoalVest Advisory LLC purchased a new stake in JPMorgan Municipal ETF during the 1st quarter valued at $79,000. EverSource Wealth Advisors LLC bought a new position in shares of JPMorgan Municipal ETF during the 1st quarter valued at $85,000. Finally, Madison Wealth Partners Inc purchased a new position in shares of JPMorgan Municipal ETF in the 2nd quarter worth $212,000.
JPMorgan Municipal ETF Price Performance
Shares of JMUB traded down $0.26 during trading hours on Thursday, hitting $50.39. The stock had a trading volume of 207,105 shares. The firm has a 50 day moving average price of $51.00 and a two-hundred day moving average price of $50.63. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.
JPMorgan Municipal ETF Increases Dividend
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.
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