Jane Street Group LLC Buys 15,146 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Jane Street Group LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 95.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,946 shares of the company’s stock after buying an additional 15,146 shares during the quarter. Jane Street Group LLC owned 0.11% of JPMorgan Municipal ETF worth $1,587,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMUB. LPL Financial LLC lifted its stake in JPMorgan Municipal ETF by 18.7% during the third quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock worth $128,521,000 after purchasing an additional 394,199 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of 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 in the last quarter. Raymond James & Associates lifted its position in shares of JPMorgan Municipal ETF by 40.1% during the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after buying an additional 115,690 shares during the period. Magnus Financial Group LLC boosted its stake in JPMorgan Municipal ETF by 48.6% in the 3rd quarter. Magnus Financial Group LLC now owns 322,192 shares of the company’s stock valued at $16,519,000 after buying an additional 105,360 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in JPMorgan Municipal ETF in the third quarter valued at $5,377,000.

JPMorgan Municipal ETF Stock Down 0.0 %

Shares of JPMorgan Municipal ETF stock opened at $50.18 on Friday. The firm has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08. The stock’s 50-day moving average price is $50.56 and its 200-day moving average price is $50.73.

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.