HTG Investment Advisors Inc. Buys 127,593 Shares of JPMorgan Municipal ETF $JMUB

HTG Investment Advisors Inc. lifted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 129.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 226,173 shares of the company’s stock after purchasing an additional 127,593 shares during the period. JPMorgan Municipal ETF comprises about 3.5% of HTG Investment Advisors Inc.’s investment portfolio, making the stock its 11th largest position. HTG Investment Advisors Inc. owned 0.37% of JPMorgan Municipal ETF worth $11,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. TBH Global Asset Management LLC grew its stake in shares of JPMorgan Municipal ETF by 1,180.8% in the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after purchasing an additional 325,140 shares during the last quarter. Aspen Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 10.9% in the 4th quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after purchasing an additional 34,931 shares during the last quarter. Breakwater Capital Group grew its stake in shares of JPMorgan Municipal ETF by 29.7% in the 4th quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after purchasing an additional 12,428 shares during the last quarter. Cyndeo Wealth Partners LLC acquired a new position in shares of JPMorgan Municipal ETF in the 4th quarter worth approximately $1,929,000. Finally, Daymark Wealth Partners LLC grew its stake in shares of JPMorgan Municipal ETF by 45.4% in the 4th quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock worth $2,815,000 after purchasing an additional 17,404 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.27 on Friday. The firm’s 50 day simple moving average is $50.48 and its 200-day simple moving average is $50.62. The company has a market cap of $3.08 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a fifty-two week low of $49.06 and a fifty-two week high of $51.34.

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.