JPMorgan Chase & Co. Makes New $101,000 Investment in Brookstone Active ETF (NYSEARCA:BAMA)

JPMorgan Chase & Co. bought a new position in shares of Brookstone Active ETF (NYSEARCA:BAMA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,298 shares of the company’s stock, valued at approximately $101,000. JPMorgan Chase & Co. owned about 0.26% of Brookstone Active ETF as of its most recent filing with the Securities & Exchange Commission.

Brookstone Active ETF Trading Down 0.6 %

Brookstone Active ETF stock opened at $31.19 on Monday. The business’s 50-day simple moving average is $31.07 and its 200 day simple moving average is $30.50. Brookstone Active ETF has a 12-month low of $27.27 and a 12-month high of $31.57.

Brookstone Active ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 29th were issued a $0.1133 dividend. This is a boost from Brookstone Active ETF’s previous dividend of $0.10. The ex-dividend date was Friday, November 29th.

Brookstone Active ETF Profile

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.