LWM Advisory Services LLC Increases Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

LWM Advisory Services LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,395 shares of the company’s stock after acquiring an additional 4,495 shares during the period. JPMorgan Municipal ETF comprises 4.6% of LWM Advisory Services LLC’s holdings, making the stock its 7th largest holding. LWM Advisory Services LLC owned approximately 0.48% of JPMorgan Municipal ETF worth $6,640,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sigma Planning Corp boosted its position in JPMorgan Municipal ETF by 5.9% in the fourth quarter. Sigma Planning Corp now owns 8,980 shares of the company’s stock valued at $450,000 after buying an additional 498 shares in the last quarter. Prentice Wealth Management LLC raised its stake in JPMorgan Municipal ETF by 10.7% during the fourth quarter. Prentice Wealth Management LLC now owns 77,655 shares of the company’s stock worth $3,894,000 after buying an additional 7,481 shares during the last quarter. Advyzon Investment Management LLC bought a new position in JPMorgan Municipal ETF during the fourth quarter worth $814,000. FMA Wealth Management LLC raised its stake in JPMorgan Municipal ETF by 1.3% during the fourth quarter. FMA Wealth Management LLC now owns 64,978 shares of the company’s stock worth $3,259,000 after buying an additional 841 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in JPMorgan Municipal ETF by 0.9% in the fourth quarter. Private Advisor Group LLC now owns 88,390 shares of the company’s stock valued at $4,433,000 after purchasing an additional 755 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.3 %

JMUB opened at $50.47 on Friday. The company has a market capitalization of $1.40 billion, a P/E ratio of 10.19 and a beta of 0.08. The firm has a fifty day moving average of $50.24 and a two-hundred day moving average of $50.63.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

JPMorgan Municipal ETF Company 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.