McCarthy & Cox Buys Shares of 4,563 JPMorgan Municipal ETF (BATS:JMUB)

McCarthy & Cox purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,563 shares of the company’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in 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 acquiring an additional 394,199 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JPMorgan Municipal ETF by 9.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock worth $56,973,000 after purchasing an additional 94,579 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Municipal ETF by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock worth $39,404,000 after purchasing an additional 38,001 shares during the period. Rockefeller Capital Management L.P. grew its stake in shares of JPMorgan Municipal ETF by 3.0% in the third quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock worth $29,640,000 after purchasing an additional 16,794 shares during the last quarter. Finally, CENTRAL TRUST Co increased its holdings in JPMorgan Municipal ETF by 16.9% in the third quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock valued at $27,083,000 after purchasing an additional 76,259 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB opened at $50.10 on Monday. The stock’s 50-day moving average is $50.44 and its two-hundred day moving average is $50.70. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.