Lifestyle Asset Management Inc. Acquires 1,200 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Lifestyle Asset Management Inc. lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 9.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,627 shares of the company’s stock after purchasing an additional 1,200 shares during the period. Lifestyle Asset Management Inc.’s holdings in JPMorgan Municipal ETF were worth $683,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JMUB. LPL Financial LLC raised its stake in shares of JPMorgan Municipal ETF by 18.7% during the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock worth $128,521,000 after purchasing an additional 394,199 shares during the period. Marcum Wealth LLC bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter worth $16,720,000. Raymond James & Associates raised its stake in shares of JPMorgan Municipal ETF by 40.1% during the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after purchasing an additional 115,690 shares during the period. Magnus Financial Group LLC raised its stake in shares of JPMorgan Municipal ETF by 48.6% during the 3rd quarter. Magnus Financial Group LLC now owns 322,192 shares of the company’s stock worth $16,519,000 after purchasing an additional 105,360 shares during the period. Finally, Mather Group LLC. bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth $5,377,000.

JPMorgan Municipal ETF Stock Up 0.6 %

BATS JMUB opened at $50.08 on Friday. The company has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08. The business’s 50 day simple moving average is $50.42 and its two-hundred day simple moving average is $50.69.

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.