International Assets Investment Management LLC Grows Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

International Assets Investment Management LLC boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 5.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,820 shares of the company’s stock after acquiring an additional 450 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Municipal ETF were worth $444,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in JMUB. Brio Consultants LLC purchased a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth $3,906,000. Choreo LLC acquired a new stake in JPMorgan Municipal ETF in the 4th quarter valued at about $201,000. Benjamin Edwards Inc. acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth about $556,000. Aveo Capital Partners LLC increased its stake in shares of JPMorgan Municipal ETF by 28.0% during the fourth quarter. Aveo Capital Partners LLC now owns 154,684 shares of the company’s stock worth $7,883,000 after buying an additional 33,828 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in JPMorgan Municipal ETF by 32.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 15,106 shares of the company’s stock valued at $770,000 after acquiring an additional 3,726 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.1 %

BATS JMUB opened at $50.91 on Friday. The business’s 50 day moving average price is $50.73 and its 200 day moving average price is $50.55. The firm has a market cap of $1.41 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a $0.1482 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.