Perigon Wealth Management LLC Purchases Shares of 26,245 JPMorgan Municipal ETF (BATS:JMUB)

Perigon Wealth Management LLC purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 26,245 shares of the company’s stock, valued at approximately $1,312,000. Perigon Wealth Management LLC owned 0.09% of JPMorgan Municipal ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of JMUB. Landmark Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 4.2% during the 4th quarter. Landmark Wealth Management LLC now owns 74,576 shares of the company’s stock worth $3,740,000 after purchasing an additional 3,012 shares during the period. Summit Financial Strategies Inc. grew its position in JPMorgan Municipal ETF by 6.2% during the fourth quarter. Summit Financial Strategies Inc. now owns 86,964 shares of the company’s stock valued at $4,361,000 after buying an additional 5,055 shares during the period. Apexium Financial LP increased its holdings in JPMorgan Municipal ETF by 9.5% in the fourth quarter. Apexium Financial LP now owns 119,511 shares of the company’s stock valued at $6,010,000 after buying an additional 10,354 shares in the last quarter. High Net Worth Advisory Group LLC raised its position in shares of 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 acquiring an additional 6,000 shares during the period. Finally, Marshall Financial Group LLC purchased a new stake in shares of JPMorgan Municipal ETF during the 4th quarter worth about $250,000.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.42 on Friday. The firm has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The company’s 50 day simple moving average is $50.40 and its 200-day simple moving average is $50.68.

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.