JPMorgan Municipal ETF $JMUB Stock Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC trimmed its holdings in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 95.4% in the third quarter, HoldingsChannel reports. The firm owned 6,003 shares of the company’s stock after selling 124,981 shares during the period. WealthPLAN Partners LLC’s holdings in JPMorgan Municipal ETF were worth $286,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wellington Grp LLC boosted its stake in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares in the last quarter. SHP Wealth Management bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $47,000. Legacy Wealth Managment LLC ID grew its holdings in shares of JPMorgan Municipal ETF by 302.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock worth $64,000 after purchasing an additional 958 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at $75,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF in the first quarter valued at $109,000.

JPMorgan Municipal ETF Stock Up 0.8%

JPMorgan Municipal ETF stock opened at $48.18 on Friday. The stock has a 50-day simple moving average of $48.73 and a 200 day simple moving average of $49.72. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24.

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.