JNBA Financial Advisors Purchases New Holdings in JPMorgan Municipal ETF $JMUB

JNBA Financial Advisors acquired a new position in JPMorgan Municipal ETF (BATS:JMUB) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 18,907 shares of the company’s stock, valued at approximately $964,000.

Several other large investors also recently bought and sold shares of JMUB. Founders Financial Securities LLC increased its position in shares of JPMorgan Municipal ETF by 19.3% during the first quarter. Founders Financial Securities LLC now owns 190,822 shares of the company’s stock worth $9,612,000 after purchasing an additional 30,843 shares in the last quarter. Wesbanco Bank Inc. purchased a new position in JPMorgan Municipal ETF in the 4th quarter valued at $724,000. CENTRAL TRUST Co lifted its holdings in JPMorgan Municipal ETF by 8.2% in the 1st quarter. CENTRAL TRUST Co now owns 775,337 shares of the company’s stock valued at $38,759,000 after purchasing an additional 58,732 shares in the last quarter. Larson Financial Group LLC boosted its stake in JPMorgan Municipal ETF by 7.1% during the 4th quarter. Larson Financial Group LLC now owns 435,288 shares of the company’s stock worth $21,982,000 after purchasing an additional 28,878 shares during the last quarter. Finally, Cauble & Harre Wealth Management Inc. acquired a new stake in JPMorgan Municipal ETF during the 4th quarter worth $1,206,000.

JPMorgan Municipal ETF Stock Down 0.2%

JPMorgan Municipal ETF stock opened at $49.52 on Tuesday. The company has a fifty day simple moving average of $50.05 and a 200-day simple moving average of $50.31. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52-week low of $49.33 and a 52-week high of $51.34.

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.