JPMorgan Municipal ETF (BATS:JMUB) Shares Purchased by Asio Capital LLC

Asio Capital LLC raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 11.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 518,525 shares of the company’s stock after purchasing an additional 54,823 shares during the period. JPMorgan Municipal ETF comprises about 4.9% of Asio Capital LLC’s portfolio, making the stock its 2nd largest holding. Asio Capital LLC owned approximately 1.87% of JPMorgan Municipal ETF worth $26,077,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of JMUB. Thrivent Financial for Lutherans boosted its position in JPMorgan Municipal ETF by 15.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 29,229 shares of the company’s stock valued at $1,473,000 after purchasing an additional 3,923 shares during the period. Daymark Wealth Partners LLC lifted its stake in JPMorgan Municipal ETF by 89.6% in the second quarter. Daymark Wealth Partners LLC now owns 20,229 shares of the company’s stock valued at $1,019,000 after buying an additional 9,559 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of JPMorgan Municipal ETF by 9.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after acquiring an additional 94,579 shares during the period. NewEdge Advisors LLC grew its position in shares of JPMorgan Municipal ETF by 21.0% during the second quarter. NewEdge Advisors LLC now owns 28,626 shares of the company’s stock worth $1,442,000 after acquiring an additional 4,963 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of JPMorgan Municipal ETF by 4.8% in the 2nd quarter. Truist Financial Corp now owns 358,083 shares of the company’s stock worth $18,038,000 after acquiring an additional 16,539 shares during the period.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.20 on Friday. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average price is $50.41 and its 200-day moving average price is $50.68.

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.