Apexium Financial LP Grows Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Apexium Financial LP lifted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 9.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,511 shares of the company’s stock after purchasing an additional 10,354 shares during the period. Apexium Financial LP owned 0.43% of JPMorgan Municipal ETF worth $6,010,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. High Net Worth Advisory Group LLC grew its stake in JPMorgan Municipal ETF by 63.3% in the fourth quarter. High Net Worth Advisory Group LLC now owns 15,480 shares of the company’s stock worth $776,000 after purchasing an additional 6,000 shares during the period. Marshall Financial Group LLC bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter valued at $250,000. Asio Capital LLC grew its position in shares of JPMorgan Municipal ETF by 11.8% in the 4th quarter. Asio Capital LLC now owns 518,525 shares of the company’s stock worth $26,077,000 after buying an additional 54,823 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of JPMorgan Municipal ETF by 6.2% in the 4th quarter. Cornerstone Wealth Management LLC now owns 170,228 shares of the company’s stock worth $8,537,000 after acquiring an additional 9,911 shares in the last quarter. Finally, Lifestyle Asset Management Inc. lifted its position in JPMorgan Municipal ETF by 9.7% during the 4th quarter. Lifestyle Asset Management Inc. now owns 13,627 shares of the company’s stock valued at $683,000 after acquiring an additional 1,200 shares during the period.

JPMorgan Municipal ETF Trading Up 0.8 %

Shares of JMUB opened at $50.20 on Monday. The business has a fifty day simple moving average of $50.41 and a 200-day simple moving average of $50.68. The stock has a market capitalization of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08.

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.