JPMorgan Municipal ETF $JMUB Position Trimmed by Choreo LLC

Choreo LLC trimmed its holdings in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 64.4% in the third quarter, HoldingsChannel.com reports. The firm owned 10,227 shares of the company’s stock after selling 18,495 shares during the quarter. Choreo LLC’s holdings in JPMorgan Municipal ETF were worth $487,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JMUB. Wellington Grp LLC increased its stake in JPMorgan Municipal ETF by 572.0% in the first quarter. Wellington Grp LLC now owns 625 shares of the company’s stock valued at $31,000 after purchasing an additional 532 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its holdings in shares of JPMorgan Municipal ETF by 302.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after buying an additional 958 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $75,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of JPMorgan Municipal ETF in the 1st quarter valued at $109,000. Finally, Parkside Financial Bank & Trust purchased a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $108,000.

JPMorgan Municipal ETF Trading Up 0.1%

NYSEARCA:JMUB traded up $0.05 during midday trading on Friday, hitting $49.40. 2,375,915 shares of the company were exchanged, compared to its average volume of 1,526,031. JPMorgan Municipal ETF has a fifty-two week low of $47.20 and a fifty-two week high of $51.34. The company has a fifty day simple moving average of $48.43 and a 200 day simple moving average of $49.88. The company has a market capitalization of $9.12 billion, a PE ratio of 9.96 and a beta of 0.24.

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.