Private Advisor Group LLC Acquires 755 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Private Advisor Group LLC increased its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 88,390 shares of the company’s stock after buying an additional 755 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Municipal ETF were worth $4,433,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after acquiring an additional 755 shares during the last quarter. Allworth Financial LP bought a new position in JPMorgan Municipal ETF during the fourth quarter valued at approximately $77,000. Blue Investment Partners LLC purchased a new stake in JPMorgan Municipal ETF in the third quarter worth approximately $203,000. Aptus Capital Advisors LLC grew its position in JPMorgan Municipal ETF by 291.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock worth $206,000 after purchasing an additional 2,997 shares during the period. Finally, Atria Investments Inc purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at $208,000.

JPMorgan Municipal ETF Price Performance

BATS JMUB opened at $50.47 on Friday. The company has a market cap of $1.40 billion, a PE ratio of 10.19 and a beta of 0.08. The company’s fifty day moving average price is $50.24 and its two-hundred day moving average price is $50.63.

JPMorgan Municipal ETF Cuts Dividend

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

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.