JPMorgan Municipal ETF $JMUB Stock Position Trimmed by Harbor Group Inc.

Harbor Group Inc. decreased its position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) by 77.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 314,913 shares of the company’s stock after selling 1,092,676 shares during the quarter. JPMorgan Municipal ETF makes up approximately 1.8% of Harbor Group Inc.’s investment portfolio, making the stock its 20th biggest position. Harbor Group Inc.’s holdings in JPMorgan Municipal ETF were worth $14,984,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Navigate Wealth Management LLC boosted its holdings in JPMorgan Municipal ETF by 7.1% in the third quarter. Navigate Wealth Management LLC now owns 4,470 shares of the company’s stock valued at $213,000 after acquiring an additional 296 shares during the last quarter. Roberts Wealth Advisors LLC increased its position in JPMorgan Municipal ETF by 21.4% in the third quarter. Roberts Wealth Advisors LLC now owns 6,542 shares of the company’s stock worth $311,000 after purchasing an additional 1,153 shares during the period. Shotwell Rutter Baer Inc increased its position in JPMorgan Municipal ETF by 3.0% in the third quarter. Shotwell Rutter Baer Inc now owns 104,220 shares of the company’s stock worth $4,959,000 after purchasing an additional 3,069 shares during the period. Signal Advisors Wealth LLC bought a new stake in JPMorgan Municipal ETF during the 3rd quarter worth about $276,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in JPMorgan Municipal ETF during the 3rd quarter worth about $279,000.

JPMorgan Municipal ETF Trading Down 0.1%

Shares of NYSEARCA JMUB opened at $47.81 on Thursday. The firm has a market capitalization of $8.59 billion, a PE ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a 1 year low of $47.20 and a 1 year high of $51.34. The firm’s 50-day moving average is $48.76 and its 200-day moving average is $49.74.

JPMorgan Municipal ETF 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.