G2 Capital Management LLC OH Grows Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

G2 Capital Management LLC OH lifted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,486 shares of the company’s stock after acquiring an additional 4,577 shares during the period. JPMorgan Municipal ETF makes up 1.3% of G2 Capital Management LLC OH’s portfolio, making the stock its 11th biggest position. G2 Capital Management LLC OH owned about 0.31% of JPMorgan Municipal ETF worth $4,434,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its position in JPMorgan Municipal ETF by 18.3% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 11,157 shares of the company’s stock worth $566,000 after purchasing an additional 1,724 shares during the period. WNY Asset Management LLC grew its stake in shares of JPMorgan Municipal ETF by 70.3% in the first quarter. WNY Asset Management LLC now owns 7,390 shares of the company’s stock valued at $375,000 after buying an additional 3,050 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of JPMorgan Municipal ETF during the 1st quarter valued at about $214,000. TBH Global Asset Management LLC lifted its position in JPMorgan Municipal ETF by 223.3% during the 1st quarter. TBH Global Asset Management LLC now owns 27,309 shares of the company’s stock worth $1,386,000 after acquiring an additional 18,862 shares in the last quarter. Finally, Clearwater Capital Advisors LLC lifted its position in JPMorgan Municipal ETF by 86.3% during the 1st quarter. Clearwater Capital Advisors LLC now owns 62,090 shares of the company’s stock worth $3,150,000 after acquiring an additional 28,763 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of BATS:JMUB opened at $50.52 on Friday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08. The firm has a 50-day moving average price of $50.87 and a 200 day moving average price of $50.65.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

JPMorgan Municipal ETF 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.