Larson Financial Group LLC Has $502,000 Stake in JPMorgan Municipal ETF (BATS:JMUB)

Larson Financial Group LLC increased its position in JPMorgan Municipal ETF (BATS:JMUB) by 9,594.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,791 shares of the company’s stock after purchasing an additional 9,690 shares during the quarter. Larson Financial Group LLC’s holdings in JPMorgan Municipal ETF were worth $502,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Gravity Asset Management Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the 2nd quarter valued at about $58,000. ICA Group Wealth Management LLC lifted its stake in JPMorgan Municipal ETF by 62.9% during the second quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after purchasing an additional 450 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in JPMorgan Municipal ETF during the first quarter valued at approximately $85,000. Aptus Capital Advisors LLC grew its stake in shares of JPMorgan Municipal ETF by 291.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after purchasing an additional 2,997 shares during the period. Finally, Atria Investments Inc acquired a new position in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $208,000.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.72 on Tuesday. The stock’s 50 day moving average is $50.76 and its 200 day moving average is $50.68. The company has a market cap of $1.41 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.1506 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15.

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.