JPMorgan Municipal ETF (BATS:JMUB) Shares Purchased by Breakwater Capital Group

Breakwater Capital Group raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 101.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,300 shares of the company’s stock after purchasing an additional 20,776 shares during the period. Breakwater Capital Group owned about 0.08% of JPMorgan Municipal ETF worth $2,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Quadcap Wealth Management LLC grew its holdings in shares of JPMorgan Municipal ETF by 80.3% during the fourth quarter. Quadcap Wealth Management LLC now owns 35,954 shares of the company’s stock worth $1,803,000 after buying an additional 16,011 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of JPMorgan Municipal ETF by 7.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,934 shares of the company’s stock worth $348,000 after acquiring an additional 490 shares in the last quarter. RiverFront Investment Group LLC boosted its stake in shares of JPMorgan Municipal ETF by 6.3% in the fourth quarter. RiverFront Investment Group LLC now owns 92,666 shares of the company’s stock valued at $4,647,000 after purchasing an additional 5,476 shares during the period. Commonwealth Equity Services LLC grew its position in shares of JPMorgan Municipal ETF by 14.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 351,299 shares of the company’s stock worth $17,618,000 after buying an additional 44,359 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of JPMorgan Municipal ETF by 25.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 23,917 shares of the company’s stock valued at $1,199,000 after acquiring an additional 4,784 shares in the last quarter.

JPMorgan Municipal ETF Trading Down 1.0%

Shares of BATS:JMUB opened at $49.31 on Thursday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The company has a 50 day moving average of $49.36 and a 200-day moving average of $50.02. The firm has a market cap of $2.83 billion, a P/E ratio of 9.96 and a beta of 0.22.

JPMorgan Municipal ETF Company 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.