JPMorgan Municipal ETF $JMUB Shares Sold by Choreo LLC

Choreo LLC cut its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 64.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,227 shares of the company’s stock after selling 18,495 shares during the period. Choreo LLC’s holdings in JPMorgan Municipal ETF were worth $487,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. JNBA Financial Advisors purchased a new position in shares of JPMorgan Municipal ETF during the 2nd quarter valued at approximately $964,000. Elevated Financial Group LLC acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $3,766,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter worth $11,774,000. Smallwood Wealth Investment Management LLC increased its holdings in JPMorgan Municipal ETF by 316,606.2% in the 2nd quarter. Smallwood Wealth Investment Management LLC now owns 50,673 shares of the company’s stock worth $2,379,000 after acquiring an additional 50,657 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new position in JPMorgan Municipal ETF during the second quarter worth $730,906,000.

JPMorgan Municipal ETF Trading Up 0.1%

NYSEARCA:JMUB traded up $0.05 during trading hours on Friday, reaching $49.40. 2,375,915 shares of the company were exchanged, compared to its average volume of 1,526,031. The firm has a market cap of $9.12 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve month high of $51.34. The stock’s 50-day moving average is $48.43 and its 200-day moving average is $49.88.

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.