Legacy Wealth Managment LLC ID Buys 31,949 Shares of JPMorgan Municipal ETF $JMUB

Legacy Wealth Managment LLC ID raised its position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 2,505.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 33,224 shares of the company’s stock after purchasing an additional 31,949 shares during the quarter. Legacy Wealth Managment LLC ID owned approximately 0.05% of JPMorgan Municipal ETF worth $1,560,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JMUB. Wellington Grp LLC lifted its position in shares of JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $34,000. Franklin Resources Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $41,000. SHP Wealth Management acquired a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $47,000. Finally, Lavaca Capital LLC bought a new position in JPMorgan Municipal ETF during the fourth quarter worth $48,000.

JPMorgan Municipal ETF Stock Down 0.3%

JMUB stock opened at $48.94 on Friday. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a 12-month low of $48.94 and a 12-month high of $51.34. The company’s fifty day simple moving average is $49.96 and its 200 day simple moving average is $50.27.

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.