Resonant Capital Advisors LLC Purchases 15,287 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Resonant Capital Advisors LLC raised its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 22.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,436 shares of the company’s stock after purchasing an additional 15,287 shares during the period. Resonant Capital Advisors LLC owned 0.30% of JPMorgan Municipal ETF worth $4,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JMUB. Raymond James & Associates raised its holdings in shares of JPMorgan Municipal ETF by 40.1% in the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after buying an additional 115,690 shares during the period. Sanctuary Advisors LLC increased its holdings in 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 purchasing an additional 2,272 shares during the period. Atria Investments Inc purchased a new position in JPMorgan Municipal ETF during the 3rd quarter worth $208,000. Cahill Financial Advisors Inc. purchased a new position in JPMorgan Municipal ETF during the 3rd quarter worth $267,000. Finally, Jane Street Group LLC increased its holdings in JPMorgan Municipal ETF by 95.9% during 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 period.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $50.36 on Monday. The company has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average is $50.39 and its two-hundred day moving average is $50.68.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a $0.1299 dividend. The ex-dividend date is 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.