Bernardo Wealth Planning LLC Acquires 640 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Bernardo Wealth Planning LLC grew its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 18,849 shares of the company’s stock after purchasing an additional 640 shares during the period. Bernardo Wealth Planning LLC’s holdings in JPMorgan Municipal ETF were worth $939,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of JMUB. LPL Financial LLC grew its position in JPMorgan Municipal ETF by 18.7% in the third quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock worth $128,521,000 after acquiring an additional 394,199 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Municipal ETF by 9.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after purchasing an additional 94,579 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Municipal ETF by 5.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after buying an additional 38,001 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan Municipal ETF by 119.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock worth $32,748,000 after buying an additional 354,185 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in JPMorgan Municipal ETF by 3.0% in the third quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock worth $29,640,000 after buying an additional 16,794 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $50.10 on Friday. The stock has a market capitalization of $1.39 billion, a P/E ratio of 10.22 and a beta of 0.08. The business’s 50 day simple moving average is $50.44 and its 200 day simple moving average is $50.70.

JPMorgan Municipal ETF Company 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.