Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,114 shares of the company’s stock after acquiring an additional 205 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.05% of JPMorgan Municipal ETF worth $708,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at $63,229,000. Bailard Inc. acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $36,907,000. HighTower Advisors LLC grew its position in JPMorgan Municipal ETF by 147.4% in the 4th quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock worth $50,136,000 after purchasing an additional 595,710 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $29,718,000. Finally, BlueStem Wealth Partners LLC bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter valued at approximately $19,471,000.
JPMorgan Municipal ETF Price Performance
Shares of JMUB stock opened at $50.06 on Tuesday. JPMorgan Municipal ETF has a 12-month low of $49.76 and a 12-month high of $51.31. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 10.21 and a beta of 0.20. The business has a 50 day simple moving average of $50.31 and a 200 day simple moving average of $50.55.
JPMorgan Municipal ETF Increases Dividend
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.
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