Leverty Financial Group LLC Sells 19,817 Shares of JPMorgan Municipal ETF $JMUB

Leverty Financial Group LLC lessened its position in JPMorgan Municipal ETF (BATS:JMUB) by 8.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 224,288 shares of the company’s stock after selling 19,817 shares during the period. JPMorgan Municipal ETF makes up 2.2% of Leverty Financial Group LLC’s holdings, making the stock its 9th largest position. Leverty Financial Group LLC owned about 0.37% of JPMorgan Municipal ETF worth $11,361,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of JMUB. Godsey & Gibb Inc. acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at about $27,000. Wellington Grp LLC grew its stake in shares of JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth approximately $34,000. Franklin Resources Inc. bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $41,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth approximately $44,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $49.87 on Wednesday. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $49.33 and a 1 year high of $51.34. The firm’s 50 day moving average price is $50.23 and its two-hundred day moving average price is $50.41.

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.