Family Investment Center Inc. Has $865,000 Stake in JPMorgan Municipal ETF (BATS:JMUB)

Family Investment Center Inc. reduced its position in JPMorgan Municipal ETF (BATS:JMUB) by 20.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,258 shares of the company’s stock after selling 4,458 shares during the quarter. Family Investment Center Inc.’s holdings in JPMorgan Municipal ETF were worth $865,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Fifth Third Securities Inc. increased its holdings in JPMorgan Municipal ETF by 3.7% in the 4th quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after buying an additional 292 shares during the period. Stone Point Wealth LLC grew its holdings in shares of JPMorgan Municipal ETF by 3.3% during the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares during the last quarter. D Orazio & Associates Inc. grew its holdings in shares of JPMorgan Municipal ETF by 6.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares during the last quarter. WealthCare Investment Partners LLC grew its holdings in shares of JPMorgan Municipal ETF by 0.6% during the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares during the last quarter. Finally, Mason & Associates Inc grew its holdings in shares of JPMorgan Municipal ETF by 1.1% during the 3rd quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock valued at $1,666,000 after purchasing an additional 343 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 1.1 %

Shares of JPMorgan Municipal ETF stock opened at $50.36 on Monday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average is $50.39 and its 200 day moving average is $50.68.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be issued a dividend of $0.1299 per share. The ex-dividend date is Monday, February 3rd.

About JPMorgan Municipal ETF

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.