Summit Wealth Partners LLC Grows Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Summit Wealth Partners LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 29.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,945 shares of the company’s stock after buying an additional 12,890 shares during the quarter. Summit Wealth Partners LLC owned about 0.20% of JPMorgan Municipal ETF worth $2,806,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its position in JPMorgan Municipal ETF by 40.1% during 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 lifted its position in JPMorgan Municipal ETF by 33.3% during the third quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock worth $460,000 after buying an additional 2,272 shares during the period. Atria Investments Inc purchased a new position in JPMorgan Municipal ETF during the third quarter worth about $208,000. Cahill Financial Advisors Inc. purchased a new position in shares of JPMorgan Municipal ETF in the 3rd quarter worth about $267,000. Finally, Jane Street Group LLC raised 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 period.

JPMorgan Municipal ETF Trading Up 1.4 %

JPMorgan Municipal ETF stock opened at $50.49 on Thursday. The stock has a 50 day moving average price of $50.37 and a 200-day moving average price of $50.67. The stock has a market cap 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 announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

JPMorgan Municipal ETF 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.