JPMorgan Municipal ETF $JMUB Holdings Trimmed by D Orazio & Associates Inc.

D Orazio & Associates Inc. reduced its stake in JPMorgan Municipal ETF (NYSEARCA:JMUB) by 53.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,286 shares of the company’s stock after selling 17,847 shares during the period. D Orazio & Associates Inc.’s holdings in JPMorgan Municipal ETF were worth $727,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Global Wealth Management Investment Advisory Inc. lifted its position in shares of JPMorgan Municipal ETF by 3.5% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 11,457 shares of the company’s stock worth $545,000 after purchasing an additional 391 shares during the period. Edgemoor Investment Advisors Inc. purchased a new position in shares of JPMorgan Municipal ETF during the third quarter valued at about $870,000. Avantax Planning Partners Inc. purchased a new position in shares of JPMorgan Municipal ETF during the third quarter valued at about $39,742,000. Ashton Thomas Private Wealth LLC raised its stake in JPMorgan Municipal ETF by 27.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 9,054 shares of the company’s stock worth $431,000 after buying an additional 1,948 shares in the last quarter. Finally, Inscription Capital LLC raised its stake in JPMorgan Municipal ETF by 38.9% in the third quarter. Inscription Capital LLC now owns 41,401 shares of the company’s stock worth $1,970,000 after buying an additional 11,592 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $49.29 on Wednesday. The stock’s 50 day simple moving average is $48.42 and its two-hundred day simple moving average is $49.87. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a fifty-two week low of $47.20 and a fifty-two 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.