JPMorgan Municipal ETF (BATS:JMUB) Position Raised by Apollon Wealth Management LLC

Apollon Wealth Management LLC lifted its holdings in JPMorgan Municipal ETF (BATS:JMUBFree Report) by 24.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,365 shares of the company’s stock after purchasing an additional 26,238 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $6,718,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in JMUB. YHB Investment Advisors Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at $25,000. ICA Group Wealth Management LLC purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth approximately $40,000. GoalVest Advisory LLC acquired a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at approximately $79,000. EverSource Wealth Advisors LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 1st quarter valued at approximately $85,000. Finally, Choreo LLC acquired a new position in JPMorgan Municipal ETF in the 4th quarter worth approximately $201,000.

JPMorgan Municipal ETF Trading Up 0.0 %

BATS:JMUB traded up $0.02 during trading hours on Monday, hitting $50.87. 274,051 shares of the stock traded hands. The business’s fifty day simple moving average is $50.64 and its 200 day simple moving average is $50.53. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a dividend of $0.1482 per share. The ex-dividend date was Monday, July 1st.

About JPMorgan Municipal ETF

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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