Sigma Planning Corp Lowers Stake in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Jay Halladay on Nov 16th, 2024

Sigma Planning Corp trimmed its position in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,482 shares of the company’s stock after selling 521 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Municipal ETF were worth $435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Financial Gravity Asset Management Inc. purchased a new position in JPMorgan Municipal ETF in the second quarter valued at approximately $58,000. ICA Group Wealth Management LLC lifted its holdings in shares of JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock valued at $59,000 after acquiring an additional 450 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in JPMorgan Municipal ETF during the 1st quarter worth $85,000. Atria Investments Inc acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at $208,000. Finally, Madison Wealth Partners Inc purchased a new position in JPMorgan Municipal ETF in the second quarter valued at about $212,000.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $50.54 on Friday. The stock has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08. The stock has a fifty day moving average of $50.84 and a 200-day moving average of $50.66.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.1506 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15.

JPMorgan Municipal ETF Profile

(Free Report)

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.