Private Trust Co. NA Has $957,000 Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Private Trust Co. NA grew its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,074 shares of the company’s stock after purchasing an additional 2,624 shares during the period. Private Trust Co. NA’s holdings in JPMorgan Municipal ETF were worth $957,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Fifth Third Securities Inc. grew its position in shares of JPMorgan Municipal ETF by 3.7% during the 4th quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock worth $416,000 after purchasing an additional 292 shares in the last quarter. Stone Point Wealth LLC grew its position 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 worth $487,000 after purchasing an additional 300 shares in the last quarter. D Orazio & Associates Inc. grew its position 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 worth $255,000 after purchasing an additional 308 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its position in shares of JPMorgan Municipal ETF by 1.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after purchasing an additional 313 shares in the last quarter. Finally, Meridian Financial LLC grew its position in shares of JPMorgan Municipal ETF by 6.8% during the 4th quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock worth $298,000 after purchasing an additional 378 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $50.76 on Friday. The stock’s fifty day moving average price is $50.27 and its 200 day moving average price is $50.63. The company has a market cap of $1.41 billion, a P/E ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

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

JPMorgan Municipal ETF 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.