Huntington National Bank Acquires 42,569 Shares of JPMorgan Municipal ETF $JMUB

Huntington National Bank grew its holdings in JPMorgan Municipal ETF (BATS:JMUBFree Report) by 16.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 296,798 shares of the company’s stock after purchasing an additional 42,569 shares during the period. Huntington National Bank owned approximately 0.48% of JPMorgan Municipal ETF worth $14,733,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ST Germain D J Co. Inc. bought a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $25,000. Financial Gravity Asset Management Inc. bought a new position in shares of JPMorgan Municipal ETF in the 1st quarter valued at $28,000. Briaud Financial Planning Inc bought a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $48,000. Abound Wealth Management bought a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $78,000. Finally, Ameriflex Group Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 360.0% during the 2nd quarter. Ameriflex Group Inc. now owns 2,300 shares of the company’s stock valued at $114,000 after acquiring an additional 1,800 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 1.7%

Shares of JMUB stock opened at $50.67 on Wednesday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The stock’s fifty day simple moving average is $50.36 and its 200 day simple moving average is $49.73.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were given a dividend of $0.1214 per share. The ex-dividend date was Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 2.9%.

JPMorgan Municipal ETF Company 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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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