Sigma Planning Corp Acquires New Stake in JPMorgan Municipal ETF $JMUB

Sigma Planning Corp purchased a new position in JPMorgan Municipal ETF (NYSEARCA:JMUB) in the third quarter, HoldingsChannel reports. The firm purchased 13,839 shares of the company’s stock, valued at approximately $658,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mason & Associates Inc increased its stake in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after purchasing an additional 215 shares in the last quarter. Pennsylvania Capital Management Inc. ADV raised its position in 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 in the last quarter. Balefire LLC lifted its stake in JPMorgan Municipal ETF by 4.3% in 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 last quarter. J. R. Prunier Capital Management LLC boosted its holdings in JPMorgan Municipal ETF by 2.5% in the first quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock worth $523,000 after purchasing an additional 252 shares in the last quarter. Finally, Milestone Investment Advisors LLC increased its holdings in shares of JPMorgan Municipal ETF by 2.8% during the 1st quarter. Milestone Investment Advisors LLC now owns 10,898 shares of the company’s stock valued at $545,000 after acquiring an additional 295 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $49.09 on Friday. The firm has a market cap of $8.99 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a twelve month low of $47.20 and a twelve month high of $51.34. The business has a 50 day moving average price of $48.48 and a 200 day moving average price of $49.92.

JPMorgan Municipal ETF Company 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.