Marshall Financial Group LLC Buys Shares of 4,986 JPMorgan Municipal ETF (BATS:JMUB)

Marshall Financial Group LLC purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,986 shares of the company’s stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also made changes to their positions in JMUB. Sunbelt Securities Inc. raised its position in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after acquiring an additional 755 shares in the last quarter. Blue Investment Partners LLC acquired a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at approximately $203,000. Aptus Capital Advisors LLC raised its position in shares of JPMorgan Municipal ETF by 291.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after acquiring an additional 2,997 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at approximately $208,000. Finally, Vawter Financial Ltd. acquired a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at approximately $214,000.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $50.20 on Monday. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average price is $50.41 and its 200 day moving average price is $50.68.

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.