Collective Family Office LLC Purchases 50,451 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Collective Family Office LLC increased its position in JPMorgan Municipal ETF (BATS:JMUB) by 11.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 504,584 shares of the company’s stock after buying an additional 50,451 shares during the period. JPMorgan Municipal ETF accounts for about 6.9% of Collective Family Office LLC’s investment portfolio, making the stock its largest holding. Collective Family Office LLC’s holdings in JPMorgan Municipal ETF were worth $25,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Advisor Group LLC lifted its holdings in shares of JPMorgan Municipal ETF by 2.5% during the second quarter. Private Advisor Group LLC now owns 83,454 shares of the company’s stock worth $4,204,000 after buying an additional 2,006 shares during the last quarter. Choreo LLC acquired a new position in JPMorgan Municipal ETF during the 2nd quarter valued at $861,000. LPL Financial LLC boosted its holdings in JPMorgan Municipal ETF by 11.2% in the 2nd quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock valued at $106,420,000 after purchasing an additional 212,185 shares during the period. D Orazio & Associates Inc. acquired a new stake in JPMorgan Municipal ETF in the 2nd quarter worth $235,000. Finally, LWM Advisory Services LLC grew its position in JPMorgan Municipal ETF by 3.4% in the 2nd quarter. LWM Advisory Services LLC now owns 127,416 shares of the company’s stock worth $6,419,000 after purchasing an additional 4,231 shares during the last quarter.

JPMorgan Municipal ETF Trading Down 0.2 %

Shares of JMUB traded down $0.09 during trading hours on Wednesday, reaching $50.19. 292,182 shares of the company traded hands. The firm has a fifty day moving average of $50.50 and a two-hundred day moving average of $50.72. The firm has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08.

About JPMorgan Municipal ETF

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.