34,223 Shares of JPMorgan Municipal ETF $JMUB Purchased by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. bought a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,223 shares of the company’s stock, valued at approximately $1,628,000.

Several other hedge funds have also recently modified their holdings of JMUB. Wellington Grp LLC boosted its holdings in JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after buying an additional 532 shares during the last quarter. SHP Wealth Management purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $47,000. Legacy Wealth Managment LLC ID lifted its position in shares of JPMorgan Municipal ETF by 302.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after acquiring an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in shares of JPMorgan Municipal ETF in the second quarter valued at approximately $75,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF in the first quarter worth approximately $109,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $47.57 on Friday. JPMorgan Municipal ETF has a one year low of $47.20 and a one year high of $51.34. The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. The stock has a 50 day moving average price of $48.88 and a 200 day moving average price of $49.78.

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.