IAG Wealth Partners LLC Has $20.34 Million Position in JPMorgan Municipal ETF $JMUB

IAG Wealth Partners LLC grew its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 402,722 shares of the company’s stock after purchasing an additional 14,590 shares during the quarter. JPMorgan Municipal ETF comprises 2.4% of IAG Wealth Partners LLC’s portfolio, making the stock its 15th biggest holding. IAG Wealth Partners LLC owned approximately 0.66% of JPMorgan Municipal ETF worth $20,337,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TBH Global Asset Management LLC grew its position in shares of JPMorgan Municipal ETF by 1,180.8% in the fourth quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock valued at $17,810,000 after purchasing an additional 325,140 shares during the last quarter. Aspen Wealth Management LLC grew its position in JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after buying an additional 34,931 shares in the last quarter. Breakwater Capital Group grew its position in JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after buying an additional 12,428 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new stake in JPMorgan Municipal ETF during the fourth quarter worth about $1,929,000. Finally, Daymark Wealth Partners LLC grew its position in JPMorgan Municipal ETF by 45.4% during the fourth quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock worth $2,815,000 after buying an additional 17,404 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.3%

JMUB stock opened at $50.34 on Tuesday. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The company has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The business’s 50-day simple moving average is $50.23 and its 200 day simple moving average is $50.55.

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.