Apollon Wealth Management LLC Grows Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Apollon Wealth Management LLC grew its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 22.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 176,265 shares of the company’s stock after buying an additional 31,972 shares during the quarter. Apollon Wealth Management LLC owned 0.64% of JPMorgan Municipal ETF worth $8,840,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of JPMorgan Municipal ETF by 18.7% during the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after acquiring an additional 394,199 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Municipal ETF by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock worth $39,404,000 after purchasing an additional 38,001 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in 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 valued at $29,640,000 after buying an additional 16,794 shares during the period. CENTRAL TRUST Co raised its stake in JPMorgan Municipal ETF by 16.9% during the third quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after purchasing an additional 76,259 shares during the period. Finally, Asio Capital LLC grew its position in JPMorgan Municipal ETF by 11.8% during the fourth quarter. Asio Capital LLC now owns 518,525 shares of the company’s stock valued at $26,077,000 after acquiring an additional 54,823 shares during the period.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.41 on Friday. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The company’s fifty day simple moving average is $50.36 and its two-hundred day simple moving average is $50.67.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given 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.