ICA Group Wealth Management LLC Has $59,000 Stake in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Faye Duncan on Sep 16th, 2024

ICA Group Wealth Management LLC lifted its position in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 62.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,165 shares of the company’s stock after purchasing an additional 450 shares during the quarter. ICA Group Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $59,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. YHB Investment Advisors Inc. acquired a new position in JPMorgan Municipal ETF during the first quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new position in JPMorgan Municipal ETF during the second quarter worth $58,000. GoalVest Advisory LLC acquired a new position in JPMorgan Municipal ETF during the first quarter worth $79,000. EverSource Wealth Advisors LLC acquired a new position in JPMorgan Municipal ETF during the first quarter worth $85,000. Finally, Advisory Services Network LLC acquired a new position in JPMorgan Municipal ETF during the fourth quarter worth $205,000.

JPMorgan Municipal ETF Stock Up 0.1 %

JPMorgan Municipal ETF stock opened at $51.18 on Monday. The business’s 50-day moving average is $50.85 and its two-hundred day moving average is $50.57. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

JPMorgan Municipal ETF Profile

(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.