Wealth Enhancement Advisory Services LLC Reduces Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Wealth Enhancement Advisory Services LLC lessened its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 0.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 768,096 shares of the company’s stock after selling 454 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.77% of JPMorgan Municipal ETF worth $39,380,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Choreo LLC acquired a new position in JPMorgan Municipal ETF in the second quarter valued at $861,000. LPL Financial LLC boosted its stake in JPMorgan Municipal ETF by 11.2% in the second quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock valued at $106,420,000 after acquiring an additional 212,185 shares in the last quarter. LWM Advisory Services LLC boosted its stake in JPMorgan Municipal ETF by 3.4% in the second quarter. LWM Advisory Services LLC now owns 127,416 shares of the company’s stock valued at $6,419,000 after acquiring an additional 4,231 shares in the last quarter. Condor Capital Management boosted its stake in JPMorgan Municipal ETF by 3.4% in the second quarter. Condor Capital Management now owns 241,549 shares of the company’s stock valued at $12,168,000 after acquiring an additional 7,885 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in JPMorgan Municipal ETF by 119.7% in the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock valued at $32,748,000 after acquiring an additional 354,185 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.4 %

BATS JMUB opened at $49.84 on Friday. The firm has a market capitalization of $1.38 billion, a P/E ratio of 10.22 and a beta of 0.08. The company has a 50-day moving average of $50.48 and a two-hundred day moving average of $50.71.

JPMorgan Municipal ETF 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.