JPMorgan Chase & Co. Has $2.17 Million Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

JPMorgan Chase & Co. increased its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,807 shares of the company’s stock after buying an additional 11,218 shares during the quarter. JPMorgan Chase & Co. owned 0.16% of Invesco Taxable Municipal Bond ETF worth $2,173,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BAB. Kingsview Wealth Management LLC raised its stake in Invesco Taxable Municipal Bond ETF by 121.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after buying an additional 257,701 shares during the period. Rational Advisors LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 92.6% during the 3rd quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after purchasing an additional 172,561 shares in the last quarter. Onyx Bridge Wealth Group LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 176.4% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 182,539 shares of the company’s stock worth $5,033,000 after purchasing an additional 116,500 shares in the last quarter. MML Investors Services LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 92.5% during the 3rd quarter. MML Investors Services LLC now owns 220,894 shares of the company’s stock worth $6,090,000 after purchasing an additional 106,123 shares in the last quarter. Finally, Hudson Capital Management LLC bought a new position in Invesco Taxable Municipal Bond ETF during the 3rd quarter worth about $2,832,000.

Invesco Taxable Municipal Bond ETF Trading Up 0.0 %

BAB stock opened at $26.21 on Wednesday. The stock has a 50-day moving average price of $26.48 and a two-hundred day moving average price of $26.93. The stock has a market cap of $1.26 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.61 and a 1 year high of $28.12.

About Invesco Taxable Municipal Bond ETF

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.