JPMorgan Municipal ETF (BATS:JMUB) Stock Position Raised by StrongBox Wealth LLC

StrongBox Wealth LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 108.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,247 shares of the company’s stock after purchasing an additional 7,947 shares during the quarter. StrongBox Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $765,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Family Investment Center Inc. boosted its stake in JPMorgan Municipal ETF by 1.2% during the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after purchasing an additional 254 shares during the period. Stone Point Wealth LLC boosted its stake in JPMorgan Municipal ETF by 3.3% during the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares during the period. D Orazio & Associates Inc. boosted its stake in JPMorgan Municipal ETF by 6.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares during the period. WealthCare Investment Partners LLC boosted its stake in JPMorgan Municipal ETF by 0.6% during the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares during the period. Finally, Mason & Associates Inc boosted its stake in JPMorgan Municipal ETF by 1.1% during the 3rd quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock valued at $1,666,000 after purchasing an additional 343 shares during the period.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $49.95 on Thursday. The firm’s 50-day moving average price is $50.46 and its 200-day moving average price is $50.70. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF 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.