Jane Street Group LLC Has $1.59 Million Position in JPMorgan Municipal ETF (BATS:JMUB)

Jane Street Group LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 95.9% in the third quarter, Holdings Channel reports. The institutional investor owned 30,946 shares of the company’s stock after buying an additional 15,146 shares during the period. Jane Street Group LLC’s holdings in JPMorgan Municipal ETF were worth $1,587,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James & Associates increased its stake in JPMorgan Municipal ETF by 40.1% in the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock valued at $20,726,000 after buying an additional 115,690 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 45.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,498 shares of the company’s stock valued at $226,000 after acquiring an additional 1,398 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at about $208,000. Cahill Financial Advisors Inc. bought a new stake in JPMorgan Municipal ETF during the third quarter worth about $267,000. Finally, WealthCare Investment Partners LLC grew its stake in JPMorgan Municipal ETF by 0.6% in the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.18 on Friday. 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 business’s fifty day moving average is $50.56 and its 200 day moving average is $50.73.

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.