JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by Apollon Financial LLC

Apollon Financial LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 21.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,027 shares of the company’s stock after acquiring an additional 1,065 shares during the quarter. Apollon Financial LLC’s holdings in JPMorgan Municipal ETF were worth $304,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JMUB. Morningstar Investment Services LLC boosted its position in JPMorgan Municipal ETF by 96.9% during the fourth quarter. Morningstar Investment Services LLC now owns 812,766 shares of the company’s stock worth $41,431,000 after acquiring an additional 399,905 shares during the last quarter. IAG Wealth Partners LLC purchased a new position in JPMorgan Municipal ETF during the fourth quarter worth about $14,524,000. Asio Capital LLC raised its stake in JPMorgan Municipal ETF by 229.4% during the first quarter. Asio Capital LLC now owns 367,674 shares of the company’s stock worth $18,656,000 after purchasing an additional 256,050 shares during the period. FORVIS Wealth Advisors LLC raised its stake in JPMorgan Municipal ETF by 40.5% during the first quarter. FORVIS Wealth Advisors LLC now owns 727,190 shares of the company’s stock worth $36,898,000 after purchasing an additional 209,487 shares during the period. Finally, Magnus Financial Group LLC purchased a new position in JPMorgan Municipal ETF during the fourth quarter worth about $10,114,000.

JPMorgan Municipal ETF Stock Up 0.0 %

JMUB stock traded up $0.02 during trading on Monday, reaching $50.87. 274,051 shares of the stock were exchanged. The stock has a 50-day simple moving average of $50.64 and a 200 day simple moving average of $50.53. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a dividend of $0.1482 per share. 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.