Huntington National Bank grew its holdings in JPMorgan Municipal ETF (BATS:JMUB – Free 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
JPMorgan Municipal ETF Company Profile
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
- Five stocks we like better than JPMorgan Municipal ETF
- How Technical Indicators Can Help You Find Oversold Stocks
- 3 Potential Scenarios to Watch for in D-Wave’s Earnings Report
- Growth Stocks: What They Are, Examples and How to Invest
- Eli Lilly Posts Stellar Q3: Long-Term Upside Is Well in Play
- How to Use the MarketBeat Excel Dividend Calculator
- Uber Is Crushing Lyft—And It’s Not Even Close
Receive News & Ratings for JPMorgan Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
