Kooman & Associates Increases Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Kooman & Associates grew its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,102 shares of the company’s stock after acquiring an additional 781 shares during the quarter. JPMorgan Municipal ETF comprises about 0.6% of Kooman & Associates’ investment portfolio, making the stock its 13th biggest holding. Kooman & Associates’ holdings in JPMorgan Municipal ETF were worth $1,660,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in JMUB. Sunbelt Securities Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 208.0% in the third quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after buying an additional 755 shares during the last quarter. Allworth Financial LP purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth approximately $77,000. Blue Investment Partners LLC purchased a new position in shares of JPMorgan Municipal ETF in the third quarter worth approximately $203,000. Aptus Capital Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock worth $206,000 after buying an additional 2,997 shares during the last quarter. Finally, Atria Investments Inc purchased a new position in shares of JPMorgan Municipal ETF in the third quarter worth approximately $208,000.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $50.47 on Friday. The stock has a market capitalization of $1.40 billion, a P/E ratio of 10.19 and a beta of 0.08. The business has a 50-day simple moving average of $50.24 and a 200 day simple moving average of $50.63.

JPMorgan Municipal ETF Cuts Dividend

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