JPMorgan Municipal ETF $JMUB Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 7.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 435,288 shares of the company’s stock after acquiring an additional 28,878 shares during the quarter. JPMorgan Municipal ETF makes up approximately 0.7% of Larson Financial Group LLC’s investment portfolio, making the stock its 24th largest position. Larson Financial Group LLC’s holdings in JPMorgan Municipal ETF were worth $21,982,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Municipal ETF by 34.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,208,854 shares of the company’s stock valued at $161,951,000 after acquiring an additional 826,847 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Municipal ETF by 7.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,717,626 shares of the company’s stock valued at $137,566,000 after acquiring an additional 176,736 shares during the period. Ameriprise Financial Inc. lifted its holdings in JPMorgan Municipal ETF by 43.7% in the third quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock valued at $113,284,000 after acquiring an additional 683,129 shares during the period. Raymond James Financial Inc. lifted its holdings in JPMorgan Municipal ETF by 16.0% in the second quarter. Raymond James Financial Inc. now owns 1,763,230 shares of the company’s stock valued at $87,527,000 after acquiring an additional 243,751 shares during the period. Finally, Bank of America Corp DE lifted its holdings in JPMorgan Municipal ETF by 13.6% in the third quarter. Bank of America Corp DE now owns 1,251,884 shares of the company’s stock valued at $63,183,000 after acquiring an additional 150,212 shares during the period.

JPMorgan Municipal ETF Trading Up 0.1%

Shares of BATS:JMUB opened at $49.99 on Tuesday. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34. The company has a market capitalization of $3.07 billion, a PE ratio of 9.96 and a beta of 0.21. The business has a 50 day moving average of $50.31 and a two-hundred day moving average of $50.59.

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.