34,223 Shares in JPMorgan Municipal ETF $JMUB Acquired by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. acquired a new position in JPMorgan Municipal ETF (NYSEARCA:JMUB) in the 3rd quarter, Holdings Channel reports. The firm acquired 34,223 shares of the company’s stock, valued at approximately $1,628,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wellington Grp LLC lifted its stake 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 valued at $31,000 after purchasing an additional 532 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of JPMorgan Municipal ETF during the 4th quarter worth about $47,000. Legacy Wealth Managment LLC ID increased its position in shares of JPMorgan Municipal ETF by 302.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock worth $64,000 after purchasing an additional 958 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at about $75,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in JPMorgan Municipal ETF in the 1st quarter valued at about $109,000.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $47.57 on Friday. The firm has a market cap of $8.33 billion, a PE ratio of 9.96 and a beta of 0.24. The company has a 50-day moving average of $48.88 and a two-hundred day moving average of $49.78. JPMorgan Municipal ETF has a 1-year low of $47.20 and a 1-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.