FMA Wealth Management LLC Increases Stake in JPMorgan Municipal ETF (BATS:JMUB)

FMA Wealth Management LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,978 shares of the company’s stock after buying an additional 841 shares during the period. JPMorgan Municipal ETF comprises 2.4% of FMA Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. FMA Wealth Management LLC owned approximately 0.23% of JPMorgan Municipal ETF worth $3,259,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JMUB. Family Investment Center Inc. increased its position in shares of JPMorgan Municipal ETF by 1.2% in the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after purchasing an additional 254 shares during the last quarter. Fifth Third Securities Inc. increased its position in shares of JPMorgan Municipal ETF by 3.7% in the 4th quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after purchasing an additional 292 shares during the last quarter. Stone Point Wealth LLC boosted its holdings in shares of JPMorgan Municipal ETF by 3.3% in the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after buying an additional 300 shares in the last quarter. D Orazio & Associates Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 6.6% in the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after buying an additional 308 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in JPMorgan Municipal ETF by 1.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after purchasing an additional 313 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB opened at $50.34 on Thursday. The firm has a market cap of $1.40 billion, a PE ratio of 10.19 and a beta of 0.08. The stock’s fifty day simple moving average is $50.26 and its two-hundred day simple moving average is $50.64.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.1299 per share. The ex-dividend date 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.