Currently the workflow is to split two different Feature Layer by an attribute which produces a lot of separate layers. Then use arcpy.Describe to apply symbology to the based on the layer type (point/Line).
act_map = aprx.activeMap
map = aprx.listMaps("Map1")
layers = act_map.listLayers()
for lyr in layers:
if(arcpy.Describe(lyr).dataType)=='FeatureLayer':
if arcpy.Describe(lyr).shapeType=='Point':
symbology = lyr.symbology
symbology.updateRenderer("SimpleRenderer")
symbol = symbology.renderer.symbol
symbol.color = {"RGB": [169, 0, 230, 100]}
symbol.outlineColor = {"RGB": [0, 0, 0, 100]}
symbol.size = 6
symbol.outlineWidth = 1
lyr.symbology = symbology # "re-set" property symboloy
This works but now we're adding another Feature Layer (Point) that will require separate Symbology. I have the idea to use "Fieldnames" to differentiate the two but can't figure it out.