Capital & Planning LLC Makes New $3.83 Million Investment in JPMorgan Municipal ETF $JMUB

Capital & Planning LLC purchased a new stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 81,553 shares of the company’s stock, valued at approximately $3,828,000. JPMorgan Municipal ETF makes up about 2.0% of Capital & Planning LLC’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Wellington Grp LLC raised its holdings in JPMorgan Municipal ETF by 572.0% during the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 532 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $34,000. Franklin Resources Inc. acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter valued at about $41,000. SHP Wealth Management bought a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at approximately $47,000. Finally, Lavaca Capital LLC acquired a new stake in JPMorgan Municipal ETF in the 4th quarter worth approximately $48,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $48.98 on Tuesday. JPMorgan Municipal ETF has a 12-month low of $48.94 and a 12-month high of $51.34. The stock has a 50 day moving average price of $49.89 and a two-hundred day moving average price of $50.24. The stock has a market capitalization of $8.30 billion, a P/E ratio of 9.96 and a beta of 0.23.

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.