JPMorgan Municipal ETF (BATS:JMUB) Position Increased by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC increased its stake in JPMorgan Municipal ETF (BATS:JMUB) by 284.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,015 shares of the company’s stock after purchasing an additional 48,100 shares during the period. Chesley Taft & Associates LLC owned 0.23% of JPMorgan Municipal ETF worth $3,261,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JMUB. Raymond James & Associates increased its holdings in shares of JPMorgan Municipal ETF by 40.1% in the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after acquiring an additional 115,690 shares during the period. Sanctuary Advisors LLC grew its position in JPMorgan Municipal ETF by 33.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after purchasing an additional 2,272 shares during the last quarter. Atria Investments Inc bought a new position in JPMorgan Municipal ETF in the 3rd quarter worth about $208,000. Cahill Financial Advisors Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $267,000. Finally, Jane Street Group LLC raised its holdings in shares of JPMorgan Municipal ETF by 95.9% during the third quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock valued at $1,587,000 after buying an additional 15,146 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $50.10 on Tuesday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The business has a 50-day simple moving average of $50.44 and a 200 day simple moving average of $50.70.

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.