Wealth Alliance Advisory Group LLC Grows Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Wealth Alliance Advisory Group LLC boosted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 183,988 shares of the company’s stock after acquiring an additional 6,899 shares during the period. JPMorgan Municipal ETF comprises 2.0% of Wealth Alliance Advisory Group LLC’s investment portfolio, making the stock its 15th biggest holding. Wealth Alliance Advisory Group LLC’s holdings in JPMorgan Municipal ETF were worth $9,227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Municipal ETF by 119.7% during the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock worth $32,748,000 after purchasing an additional 354,185 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of JPMorgan Municipal ETF by 15.5% during the second quarter. Thrivent Financial for Lutherans now owns 29,229 shares of the company’s stock worth $1,473,000 after purchasing an additional 3,923 shares during the period. Legacy Financial Advisors Inc. lifted its stake in shares of JPMorgan Municipal ETF by 6.6% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 272,061 shares of the company’s stock worth $13,705,000 after acquiring an additional 16,796 shares during the period. Daymark Wealth Partners LLC boosted its holdings in JPMorgan Municipal ETF by 89.6% in the 2nd quarter. Daymark Wealth Partners LLC now owns 20,229 shares of the company’s stock valued at $1,019,000 after purchasing an additional 9,559 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan Municipal ETF by 9.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock worth $56,973,000 after acquiring an additional 94,579 shares during the period.

JPMorgan Municipal ETF Stock Up 0.6 %

Shares of JMUB opened at $50.10 on Friday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The business’s fifty day moving average is $50.44 and its 200-day moving average is $50.70.

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.