JPMorgan Municipal ETF (BATS:JMUB) Shares Sold by Olympus Wealth Management LLC

Olympus Wealth Management LLC lowered its stake in JPMorgan Municipal ETF (BATS:JMUB) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,553 shares of the company’s stock after selling 4,108 shares during the period. JPMorgan Municipal ETF accounts for 2.4% of Olympus Wealth Management LLC’s holdings, making the stock its 9th largest holding. Olympus Wealth Management LLC owned approximately 0.48% of JPMorgan Municipal ETF worth $6,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMUB. Sunbelt Securities Inc. raised its holdings in JPMorgan Municipal ETF by 208.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after buying an additional 755 shares during the last quarter. Blue Investment Partners LLC acquired a new stake in JPMorgan Municipal ETF in the third quarter valued at $203,000. Aptus Capital Advisors LLC increased its holdings in JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after purchasing an additional 2,997 shares during the period. Atria Investments Inc acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at about $208,000. Finally, Vawter Financial Ltd. bought a new position in shares of JPMorgan Municipal ETF during the third quarter worth about $214,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.15 on Wednesday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The business has a 50 day moving average of $50.43 and a 200 day moving average of $50.70.

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.