JPMorgan Municipal ETF $JMUB Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 31.6% during the fourth quarter, HoldingsChannel reports. The fund owned 143,226 shares of the company’s stock after buying an additional 34,391 shares during the period. Peapack Gladstone Financial Corp’s holdings in JPMorgan Municipal ETF were worth $7,232,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in JPMorgan Municipal ETF during the fourth quarter worth $27,000. Goodman Advisory Group LLC acquired a new position in JPMorgan Municipal ETF during the third quarter worth $37,000. Franklin Resources Inc. acquired a new position in JPMorgan Municipal ETF during the third quarter worth $41,000. N.E.W. Advisory Services LLC purchased a new stake in JPMorgan Municipal ETF during the fourth quarter worth $44,000. Finally, Blue Trust Inc. purchased a new stake in JPMorgan Municipal ETF during the fourth quarter worth $60,000.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $50.34 on Tuesday. The business’s fifty day moving average is $50.23 and its two-hundred day moving average is $50.55. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a one year low of $49.06 and a one year high of $51.34.

About JPMorgan Municipal ETF

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.