27,580 Shares in JPMorgan Municipal ETF (BATS:JMUB) Bought by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 27,580 shares of the company’s stock, valued at approximately $1,386,000.

A number of other large investors have also recently bought and sold shares of JMUB. LPL Financial LLC lifted its stake in shares of JPMorgan Municipal ETF by 18.7% in the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after purchasing an additional 394,199 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Municipal ETF by 9.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock worth $56,973,000 after purchasing an additional 94,579 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Municipal ETF by 5.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after buying an additional 38,001 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of JPMorgan Municipal ETF by 3.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock worth $29,640,000 after buying an additional 16,794 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in shares of JPMorgan Municipal ETF by 16.9% during the 3rd quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after buying an additional 76,259 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.7 %

BATS:JMUB opened at $50.15 on Wednesday. The company has a fifty day moving average of $50.43 and a two-hundred day moving average of $50.70. The company has a market cap of $1.39 billion, a price-to-earnings 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.