IFP Advisors Inc Acquires 2,026 Shares of JPMorgan Municipal ETF (BATS:JMUB)

IFP Advisors Inc raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 26.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,672 shares of the company’s stock after buying an additional 2,026 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Municipal ETF were worth $485,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in JPMorgan Municipal ETF by 18.7% in the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after buying an additional 394,199 shares during the period. Forvis Mazars Wealth Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 9.6% in the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock worth $46,378,000 after purchasing an additional 81,180 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of JPMorgan Municipal ETF by 3.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock worth $29,640,000 after purchasing an additional 16,794 shares during the last quarter. Asio Capital LLC grew its holdings in shares of JPMorgan Municipal ETF by 11.8% in the 4th quarter. Asio Capital LLC now owns 518,525 shares of the company’s stock worth $26,077,000 after purchasing an additional 54,823 shares during the last quarter. Finally, Collective Family Office LLC grew its holdings in shares of JPMorgan Municipal ETF by 11.1% in the 4th quarter. Collective Family Office LLC now owns 504,584 shares of the company’s stock worth $25,305,000 after purchasing an additional 50,451 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 1.9 %

JMUB opened at $50.76 on Friday. The stock has a fifty day moving average price of $50.27 and a 200-day moving average price of $50.63. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date of this dividend 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.