Private Wealth Management Group LLC Takes Position in JPMorgan Municipal ETF (BATS:JMUB)

Private Wealth Management Group LLC bought a new position in JPMorgan Municipal ETF (BATS:JMUB) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 13,415 shares of the company’s stock, valued at approximately $673,000.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of JPMorgan Municipal ETF by 18.7% during 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. Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Municipal ETF by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after acquiring an additional 38,001 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of JPMorgan Municipal ETF by 3.0% in the third quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock valued at $29,640,000 after acquiring an additional 16,794 shares in the last quarter. CENTRAL TRUST Co boosted its stake in shares of JPMorgan Municipal ETF by 16.9% in the third quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after acquiring an additional 76,259 shares during the period. Finally, Asio Capital LLC grew its position in shares of JPMorgan Municipal ETF by 11.8% during the fourth quarter. Asio Capital LLC now owns 518,525 shares of the company’s stock worth $26,077,000 after purchasing an additional 54,823 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB opened at $50.49 on Thursday. The company’s 50-day simple moving average is $50.37 and its 200 day simple moving average is $50.67. The company has a market cap of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Municipal ETF Company 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.