West Oak Capital LLC Boosts Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

West Oak Capital LLC boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 17.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,700 shares of the company’s stock after acquiring an additional 700 shares during the quarter. West Oak Capital LLC’s holdings in JPMorgan Municipal ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

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

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $49.83 on Tuesday. The stock has a market capitalization of $1.38 billion, a PE ratio of 10.22 and a beta of 0.08. The business has a 50-day simple moving average of $50.47 and a two-hundred day simple moving average of $50.71.

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.