Farther Finance Advisors LLC reduced its position in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 42.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,722 shares of the company’s stock after selling 2,748 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $187,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sunbelt Securities Inc. raised its holdings in shares of JPMorgan Municipal ETF by 208.0% in the third quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after acquiring an additional 755 shares in the last quarter. Allworth Financial LP bought a new position in JPMorgan Municipal ETF in the fourth quarter worth about $77,000. Hollencrest Capital Management bought a new position in JPMorgan Municipal ETF in the fourth quarter worth about $138,000. Blue Investment Partners LLC bought a new position in JPMorgan Municipal ETF in the third quarter worth about $203,000. Finally, Atria Investments Inc bought a new position in JPMorgan Municipal ETF in the third quarter worth about $208,000.
JPMorgan Municipal ETF Stock Performance
Shares of JPMorgan Municipal ETF stock opened at $50.17 on Thursday. The company has a market capitalization of $2.43 billion, a PE ratio of 10.21 and a beta of 0.20. The company has a 50-day simple moving average of $50.30 and a two-hundred day simple moving average of $50.57. JPMorgan Municipal ETF has a one year low of $49.76 and a one year high of $51.31.
JPMorgan Municipal ETF Increases Dividend
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.
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