Golden State Wealth Management LLC Acquires 2,616 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Golden State Wealth Management LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 10.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,452 shares of the company’s stock after purchasing an additional 2,616 shares during the quarter. Golden State Wealth Management LLC owned about 0.05% of JPMorgan Municipal ETF worth $1,373,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Philip James Wealth Mangement LLC raised its holdings in JPMorgan Municipal ETF by 22.1% during the 1st quarter. Philip James Wealth Mangement LLC now owns 42,504 shares of the company’s stock valued at $2,125,000 after buying an additional 7,692 shares during the period. Family Investment Center Inc. raised its stake in shares of JPMorgan Municipal ETF by 8.2% in the first quarter. Family Investment Center Inc. now owns 18,668 shares of the company’s stock valued at $933,000 after acquiring an additional 1,410 shares during the period. Stone Summit Wealth LLC raised its stake in shares of JPMorgan Municipal ETF by 5.5% in the first quarter. Stone Summit Wealth LLC now owns 8,977 shares of the company’s stock valued at $449,000 after acquiring an additional 466 shares during the period. Oak Hill Wealth Advisors LLC lifted its holdings in shares of JPMorgan Municipal ETF by 60.7% in the 1st quarter. Oak Hill Wealth Advisors LLC now owns 10,542 shares of the company’s stock worth $527,000 after acquiring an additional 3,980 shares during the last quarter. Finally, Western Wealth Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 5.1% during the 1st quarter. Western Wealth Management LLC now owns 12,769 shares of the company’s stock worth $638,000 after purchasing an additional 619 shares during the period.

JPMorgan Municipal ETF Trading Down 0.6%

Shares of BATS:JMUB opened at $49.52 on Friday. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm’s 50-day moving average is $49.44 and its 200 day moving average is $49.83.

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.