JPMorgan Municipal ETF (BATS:JMUB) Shares Bought by Summit Wealth Partners LLC

Summit Wealth Partners LLC lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 29.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,945 shares of the company’s stock after acquiring an additional 12,890 shares during the quarter. Summit Wealth Partners LLC’s holdings in JPMorgan Municipal ETF were worth $2,806,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Raymond James & Associates grew its position in shares of JPMorgan Municipal ETF by 40.1% in the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after acquiring an additional 115,690 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of JPMorgan Municipal ETF by 33.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after purchasing an additional 2,272 shares during the last quarter. Atria Investments Inc bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $208,000. Cahill Financial Advisors Inc. bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $267,000. Finally, Jane Street Group LLC lifted its holdings in shares of JPMorgan Municipal ETF by 95.9% in the 3rd quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock worth $1,587,000 after purchasing an additional 15,146 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 1.4 %

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

JPMorgan Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1299 per share. 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.