Kestra Private Wealth Services LLC Has $1.82 Million Stake in JPMorgan Municipal ETF (BATS:JMUB)

Kestra Private Wealth Services LLC reduced its stake in JPMorgan Municipal ETF (BATS:JMUB) by 45.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,199 shares of the company’s stock after selling 29,677 shares during the period. Kestra Private Wealth Services LLC owned 0.13% of JPMorgan Municipal ETF worth $1,815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Sunbelt Securities Inc. increased its stake in JPMorgan Municipal ETF by 208.0% in the third quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after purchasing an additional 755 shares in the last quarter. Blue Investment Partners LLC bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth about $203,000. Aptus Capital Advisors LLC increased its position in shares of JPMorgan Municipal ETF by 291.3% during the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock worth $206,000 after acquiring an additional 2,997 shares in the last quarter. Atria Investments Inc bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth about $208,000. Finally, Vawter Financial Ltd. bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth about $214,000.

JPMorgan Municipal ETF Trading Up 1.2 %

BATS:JMUB opened at $50.38 on Wednesday. The stock’s 50 day simple moving average is $50.33 and its 200-day simple moving average is $50.66. The company has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.1299 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.