Apollon Wealth Management LLC lifted its holdings in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 24.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,365 shares of the company’s stock after purchasing an additional 26,238 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $6,718,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in JMUB. YHB Investment Advisors Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at $25,000. ICA Group Wealth Management LLC purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth approximately $40,000. GoalVest Advisory LLC acquired a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at approximately $79,000. EverSource Wealth Advisors LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 1st quarter valued at approximately $85,000. Finally, Choreo LLC acquired a new position in JPMorgan Municipal ETF in the 4th quarter worth approximately $201,000.
JPMorgan Municipal ETF Trading Up 0.0 %
BATS:JMUB traded up $0.02 during trading hours on Monday, hitting $50.87. 274,051 shares of the stock traded hands. The business’s fifty day simple moving average is $50.64 and its 200 day simple moving average is $50.53. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.
JPMorgan Municipal ETF Cuts Dividend
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.
Recommended Stories
- Five stocks we like better than JPMorgan Municipal ETF
- How to Evaluate a Stock Before Buying
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- How to Invest in Small Cap Stocks
- 2 Option Strategies to Maximize Profits in a Bear Market
- P/E Ratio Calculation: How to Assess Stocks
- Lululemon Stock Gears Up for a Massive Comeback Rally
Want to see what other hedge funds are holding JMUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Municipal ETF (BATS:JMUB – Free Report).
Receive News & Ratings for JPMorgan Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.