Private Wealth Management Group LLC Acquires Shares of 13,415 JPMorgan Municipal ETF (BATS:JMUB)

Private Wealth Management Group LLC bought a new position in JPMorgan Municipal ETF (BATS:JMUB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 13,415 shares of the company’s stock, valued at approximately $673,000.

A number of other large investors have also recently made changes to their positions in the company. Raymond James & Associates boosted its position in shares of JPMorgan Municipal ETF by 40.1% during the third 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 period. Sanctuary Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF by 33.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after acquiring an additional 2,272 shares during the last quarter. Atria Investments Inc purchased a new position in JPMorgan Municipal ETF during the 3rd quarter valued at $208,000. Cahill Financial Advisors Inc. bought a new position in JPMorgan Municipal ETF in the 3rd quarter valued at $267,000. Finally, Jane Street Group LLC increased its stake in JPMorgan Municipal ETF by 95.9% in the third 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 period.

JPMorgan Municipal ETF Stock Performance

BATS:JMUB opened at $50.49 on Thursday. The stock’s fifty day simple moving average is $50.37 and its two-hundred day simple moving average is $50.67. The company has a market capitalization 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 disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.1299 per share. The ex-dividend date 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.