G2 Capital Management LLC OH Purchases 61,466 Shares of JPMorgan Municipal ETF $JMUB

G2 Capital Management LLC OH increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 8.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 756,683 shares of the company’s stock after purchasing an additional 61,466 shares during the period. JPMorgan Municipal ETF makes up approximately 9.6% of G2 Capital Management LLC OH’s portfolio, making the stock its 3rd largest position. G2 Capital Management LLC OH’s holdings in JPMorgan Municipal ETF were worth $38,190,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. increased its position in JPMorgan Municipal ETF by 7.9% during the 3rd quarter. Meeder Advisory Services Inc. now owns 2,940,215 shares of the company’s stock worth $148,393,000 after purchasing an additional 214,112 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Municipal ETF by 33.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock valued at $128,035,000 after buying an additional 641,736 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JPMorgan Municipal ETF by 8.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,382,007 shares of the company’s stock valued at $118,243,000 after buying an additional 182,487 shares during the period. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Municipal ETF by 16.0% in the second quarter. Raymond James Financial Inc. now owns 1,763,230 shares of the company’s stock valued at $87,527,000 after buying an additional 243,751 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of JPMorgan Municipal ETF by 40.0% in the second quarter. Ameriprise Financial Inc. now owns 1,563,490 shares of the company’s stock valued at $77,572,000 after buying an additional 447,054 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

BATS:JMUB opened at $51.05 on Friday. The stock has a fifty day moving average price of $50.69 and a two-hundred day moving average price of $50.39. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.11.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.1414 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.