81,553 Shares in JPMorgan Municipal ETF $JMUB Bought by Capital & Planning LLC

Capital & Planning LLC bought a new stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 81,553 shares of the company’s stock, valued at approximately $3,828,000. JPMorgan Municipal ETF accounts for about 2.0% of Capital & Planning LLC’s holdings, making the stock its 25th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Mason & Associates Inc grew its position in JPMorgan Municipal ETF by 2.3% in the first quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock valued at $468,000 after acquiring an additional 215 shares during the period. Pennsylvania Capital Management Inc. ADV lifted its holdings in shares of JPMorgan Municipal ETF by 4.9% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock valued at $246,000 after acquiring an additional 230 shares during the period. Balefire LLC lifted its holdings in shares of JPMorgan Municipal ETF by 4.3% during the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock valued at $297,000 after acquiring an additional 242 shares during the period. J. R. Prunier Capital Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 2.5% in the 1st quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after purchasing an additional 252 shares in the last quarter. Finally, Calton & Associates Inc. boosted its stake in shares of JPMorgan Municipal ETF by 3.3% in the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after purchasing an additional 270 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $48.98 on Tuesday. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23. The firm’s 50-day simple moving average is $49.89 and its 200-day simple moving average is $50.24. JPMorgan Municipal ETF has a twelve month low of $48.94 and a twelve month high of $51.34.

About JPMorgan Municipal ETF

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.