JPMorgan Municipal ETF (BATS:JMUB) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lessened its stake in JPMorgan Municipal ETF (BATS:JMUB) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,279 shares of the company’s stock after selling 1,578 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.18% of JPMorgan Municipal ETF worth $2,521,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Family Investment Center Inc. increased its stake in JPMorgan Municipal ETF by 1.2% during the third quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after purchasing an additional 254 shares during the last quarter. Stone Point Wealth LLC grew its position in shares of JPMorgan Municipal ETF by 3.3% during the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after buying an additional 300 shares during the last quarter. D Orazio & Associates Inc. grew its position in shares of JPMorgan Municipal ETF by 6.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after buying an additional 308 shares during the last quarter. WealthCare Investment Partners LLC lifted its holdings in JPMorgan Municipal ETF by 0.6% in the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock worth $2,979,000 after acquiring an additional 333 shares during the last quarter. Finally, Mason & Associates Inc boosted its stake in JPMorgan Municipal ETF by 1.1% in the third quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock valued at $1,666,000 after acquiring an additional 343 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.10 on Friday. The business’s fifty day moving average is $50.44 and its 200 day moving average is $50.69. 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.