JPMorgan Municipal ETF $JMUB Shares Purchased by Sterling Investment Advisors Ltd.

Sterling Investment Advisors Ltd. grew its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 154.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 78,495 shares of the company’s stock after buying an additional 47,695 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Municipal ETF were worth $3,873,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Founders Financial Securities LLC raised its position in JPMorgan Municipal ETF by 19.3% in the 1st quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock valued at $9,612,000 after purchasing an additional 30,843 shares during the last quarter. CENTRAL TRUST Co raised its position in JPMorgan Municipal ETF by 8.2% during the 1st quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock worth $38,759,000 after buying an additional 58,732 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of JPMorgan Municipal ETF by 7.1% in the 4th quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock worth $21,982,000 after acquiring an additional 28,878 shares during the period. Bailard Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 4.2% in the fourth quarter. Bailard Inc. now owns 794,545 shares of the company’s stock valued at $40,125,000 after acquiring an additional 31,886 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in shares of JPMorgan Municipal ETF by 31.6% in the fourth quarter. Peapack Gladstone Financial Corp now owns 143,226 shares of the company’s stock valued at $7,232,000 after acquiring an additional 34,391 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.1%

NYSEARCA JMUB opened at $49.03 on Wednesday. The business’s 50 day moving average is $49.86 and its two-hundred day moving average is $50.22. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a 12-month low of $48.94 and a 12-month high of $51.34.

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.