541,640 JPMorgan Municipal ETF $JMUB Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC reduced its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 89.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,149 shares of the company’s stock after selling 541,640 shares during the quarter. WealthPlan Investment Management LLC’s holdings in JPMorgan Municipal ETF were worth $2,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Grp LLC increased its position in JPMorgan Municipal ETF by 572.0% during the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 532 shares in the last quarter. SHP Wealth Management bought a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth $47,000. Legacy Wealth Managment LLC ID raised its stake in shares of JPMorgan Municipal ETF by 302.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock worth $64,000 after purchasing an additional 958 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new position in shares of JPMorgan Municipal ETF in the second quarter worth $75,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of JPMorgan Municipal ETF during the first quarter valued at $109,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock traded up $0.36 during trading on Thursday, hitting $48.17. 1,322,239 shares of the company’s stock traded hands, compared to its average volume of 1,353,998. JPMorgan Municipal ETF has a 1 year low of $47.20 and a 1 year high of $51.34. The stock has a market capitalization of $8.66 billion, a P/E ratio of 9.96 and a beta of 0.24. The business has a 50-day simple moving average of $48.76 and a 200-day simple moving average of $49.74.

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.