Riversedge Advisors LLC Acquires 2,313 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Riversedge Advisors LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,301 shares of the company’s stock after acquiring an additional 2,313 shares during the period. JPMorgan Municipal ETF makes up 1.5% of Riversedge Advisors LLC’s holdings, making the stock its 20th biggest holding. Riversedge Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $6,484,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Family Investment Center Inc. lifted its stake in JPMorgan Municipal ETF by 1.2% during the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after acquiring an additional 254 shares in the last quarter. Stone Point Wealth LLC raised its holdings in shares of JPMorgan Municipal ETF by 3.3% in the third quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares during the last quarter. D Orazio & Associates Inc. lifted its position in shares of JPMorgan Municipal ETF by 6.6% during the third quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares in the last quarter. WealthCare Investment Partners LLC lifted its position in shares of JPMorgan Municipal ETF by 0.6% during the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares in the last quarter. Finally, Mason & Associates Inc boosted its holdings in JPMorgan Municipal ETF by 1.1% during the third quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock worth $1,666,000 after purchasing an additional 343 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

BATS:JMUB opened at $50.10 on Friday. The company has a 50 day moving average price of $50.44 and a 200-day moving average price of $50.70. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.