Opal Capital LLC Purchases New Stake in JPMorgan Municipal ETF $JMUB

Opal Capital LLC purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 35,645 shares of the company’s stock, valued at approximately $1,814,000. Opal Capital LLC owned about 0.06% of JPMorgan Municipal ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Godsey & Gibb Inc. bought a new position in JPMorgan Municipal ETF in the 4th quarter worth $27,000. Brown Brothers Harriman & Co. bought a new position in JPMorgan Municipal ETF in the 4th quarter worth $34,000. Goodman Advisory Group LLC bought a new position in JPMorgan Municipal ETF in the 3rd quarter worth $37,000. Franklin Resources Inc. bought a new position in JPMorgan Municipal ETF in the 3rd quarter worth $41,000. Finally, N.E.W. Advisory Services LLC bought a new position in JPMorgan Municipal ETF in the 4th quarter worth $44,000.

JPMorgan Municipal ETF Trading Up 0.0%

Shares of BATS JMUB opened at $50.40 on Wednesday. JPMorgan Municipal ETF has a 12 month low of $49.06 and a 12 month high of $51.34. The firm has a market capitalization of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The firm has a fifty day simple moving average of $50.32 and a two-hundred day simple moving average of $50.53.

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.