IAG Wealth Partners LLC Has $20.34 Million Stock Holdings in JPMorgan Municipal ETF $JMUB

IAG Wealth Partners LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 402,722 shares of the company’s stock after purchasing an additional 14,590 shares during the quarter. JPMorgan Municipal ETF comprises 2.4% of IAG Wealth Partners LLC’s holdings, making the stock its 15th biggest position. IAG Wealth Partners LLC’s holdings in JPMorgan Municipal ETF were worth $20,337,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JMUB. TBH Global Asset Management LLC lifted its stake in JPMorgan Municipal ETF by 1,180.8% during the fourth quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after purchasing an additional 325,140 shares during the period. Aspen Wealth Management LLC lifted its stake in JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after purchasing an additional 34,931 shares during the period. Breakwater Capital Group lifted its stake in JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after purchasing an additional 12,428 shares during the period. Cyndeo Wealth Partners LLC bought a new position in JPMorgan Municipal ETF during the fourth quarter worth about $1,929,000. Finally, Daymark Wealth Partners LLC lifted its stake in JPMorgan Municipal ETF by 45.4% during the fourth quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock worth $2,815,000 after purchasing an additional 17,404 shares during the period.

JPMorgan Municipal ETF Stock Down 0.3%

Shares of JMUB opened at $50.34 on Tuesday. The stock 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 12 month low of $49.06 and a 12 month high of $51.34. The company has a 50-day moving average price of $50.23 and a two-hundred day moving average price of $50.55.

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.