Stone Summit Wealth LLC Decreases 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% during the 4th quarter, according to the company in its most recent filing with the Securities and 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 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC grew 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 buying an additional 394,199 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in JPMorgan Municipal ETF by 5.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after purchasing an additional 38,001 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of JPMorgan Municipal ETF by 3.0% in the third 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 period. CENTRAL TRUST Co raised its stake in shares of JPMorgan Municipal ETF by 16.9% in the third quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after purchasing an additional 76,259 shares during the last quarter. Finally, Asio Capital LLC lifted its holdings in shares of JPMorgan Municipal ETF by 11.8% during the fourth 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 period.

JPMorgan Municipal ETF Trading Up 1.2 %

Shares of BATS JMUB opened at $50.41 on Monday. The firm has a 50 day moving average price of $50.35 and a 200 day moving average price of $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. Stockholders of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date was 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.