Retirement Planning Group LLC Makes New $8.95 Million Investment in JPMorgan Municipal ETF $JMUB

Retirement Planning Group LLC purchased a new stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 188,096 shares of the company’s stock, valued at approximately $8,950,000.

Several other large investors have also recently modified their holdings of the stock. Wellington Grp LLC raised its position in shares of JPMorgan Municipal ETF by 572.0% in the 1st quarter. Wellington Grp LLC now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 532 shares during the last quarter. SHP Wealth Management purchased a new stake in JPMorgan Municipal ETF during the 4th quarter valued at about $47,000. Legacy Wealth Managment LLC ID grew its position in JPMorgan Municipal ETF by 302.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,275 shares of the company’s stock valued at $64,000 after purchasing an additional 958 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in JPMorgan Municipal ETF during the 2nd quarter valued at about $75,000. Finally, Parkside Financial Bank & Trust purchased a new stake in JPMorgan Municipal ETF during the 2nd quarter valued at about $108,000.

JPMorgan Municipal ETF Stock Performance

NYSEARCA:JMUB opened at $48.20 on Tuesday. The firm has a market cap of $8.72 billion, a P/E ratio of 9.96 and a beta of 0.24. JPMorgan Municipal ETF has a fifty-two week low of $47.20 and a fifty-two week high of $51.34. The firm has a 50-day simple moving average of $48.67 and a two-hundred day simple moving average of $49.70.

JPMorgan Municipal ETF Company Profile

(Free Report)

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.

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