Clear Point Advisors Inc. Has $1.04 Million Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Clear Point Advisors Inc. trimmed its position in JPMorgan Municipal ETF (BATS:JMUB) by 13.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,689 shares of the company’s stock after selling 3,148 shares during the period. Clear Point Advisors Inc.’s holdings in JPMorgan Municipal ETF were worth $1,038,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of JPMorgan Municipal ETF by 18.7% in the third quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after purchasing an additional 394,199 shares during the last quarter. Marcum Wealth LLC acquired a new position in shares of JPMorgan Municipal ETF in the fourth quarter valued at $16,720,000. Raymond James & Associates increased its holdings in shares of JPMorgan Municipal ETF by 40.1% in the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock valued at $20,726,000 after purchasing an additional 115,690 shares during the last quarter. Ameritas Advisory Services LLC increased its holdings in shares of JPMorgan Municipal ETF by 89.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 193,660 shares of the company’s stock valued at $9,712,000 after purchasing an additional 91,376 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in shares of JPMorgan Municipal ETF by 16.9% in the third quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock valued at $27,083,000 after acquiring an additional 76,259 shares during the period.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.27 on Wednesday. The business’s fifty day moving average price is $50.27 and its 200-day moving average price is $50.65. The company has a market capitalization of $1.39 billion, a PE ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date 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.