Stone Summit Wealth LLC Cuts Stake in JPMorgan Municipal ETF (BATS:JMUB)

Stone Summit Wealth LLC lessened its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 10.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,511 shares of the company’s stock after selling 985 shares during the period. Stone Summit Wealth LLC’s holdings in JPMorgan Municipal ETF were worth $427,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of JPMorgan Municipal ETF by 18.7% during the third 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 last quarter. Wealth Enhancement Advisory Services LLC increased its position 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 in the last quarter. Rockefeller Capital Management L.P. raised its stake 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 purchasing an additional 16,794 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in JPMorgan Municipal ETF by 16.9% in the 3rd quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock valued at $27,083,000 after purchasing an additional 76,259 shares in the last quarter. Finally, Asio Capital LLC boosted its stake in JPMorgan Municipal ETF by 11.8% during 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.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.41 on Monday. The business’s 50-day simple moving average is $50.35 and its two-hundred day simple moving average is $50.67. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.1299 per share. The ex-dividend date of this dividend 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.