TruWealth Advisors LLC Acquires 20,813 Shares of JPMorgan Municipal ETF (BATS:JMUB)

TruWealth Advisors LLC lifted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 17.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 139,864 shares of the company’s stock after buying an additional 20,813 shares during the quarter. TruWealth Advisors LLC owned about 0.50% of JPMorgan Municipal ETF worth $7,014,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JMUB. Ameritas Advisory Services LLC increased its holdings in shares of JPMorgan Municipal ETF by 89.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 193,660 shares of the company’s stock valued at $9,712,000 after purchasing an additional 91,376 shares in the last quarter. Helen Stephens Group LLC boosted its position in JPMorgan Municipal ETF by 26.4% in the 4th quarter. Helen Stephens Group LLC now owns 249,929 shares of the company’s stock valued at $12,534,000 after buying an additional 52,224 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of JPMorgan Municipal ETF by 14.3% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 34,106 shares of the company’s stock valued at $1,710,000 after buying an additional 4,268 shares during the period. Mason & Associates Inc raised its position in shares of JPMorgan Municipal ETF by 2.4% during the fourth quarter. Mason & Associates Inc now owns 33,259 shares of the company’s stock worth $1,668,000 after acquiring an additional 773 shares during the last quarter. Finally, StrongBox Wealth LLC lifted its stake in shares of JPMorgan Municipal ETF by 108.9% during the fourth quarter. StrongBox Wealth LLC now owns 15,247 shares of the company’s stock valued at $765,000 after acquiring an additional 7,947 shares during the period.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.10 on Friday. The firm has a 50-day moving average price of $50.44 and a 200-day moving average price of $50.70. The company has a market capitalization of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08.

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.