Huntington National Bank Increases Stock Holdings in JPMorgan Municipal ETF $JMUB

Huntington National Bank lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 21.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 441,054 shares of the company’s stock after purchasing an additional 77,663 shares during the quarter. Huntington National Bank’s holdings in JPMorgan Municipal ETF were worth $22,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMUB. Royal Bank of Canada increased its position in shares of JPMorgan Municipal ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock worth $5,010,000 after purchasing an additional 10,823 shares during the last quarter. AQR Capital Management LLC increased its holdings in JPMorgan Municipal ETF by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock worth $538,000 after purchasing an additional 2,927 shares during the period. Cerity Partners LLC purchased a new stake in JPMorgan Municipal ETF during the 2nd quarter worth about $1,950,000. Peapack Gladstone Financial Corp increased its holdings in JPMorgan Municipal ETF by 317.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 79,084 shares of the company’s stock worth $3,926,000 after purchasing an additional 60,157 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in JPMorgan Municipal ETF in the second quarter valued at $2,233,000.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.31 on Thursday. JPMorgan Municipal ETF has a 1-year low of $49.06 and a 1-year high of $51.34. The stock has a market cap of $3.09 billion, a PE ratio of 9.96 and a beta of 0.21. The stock’s fifty day moving average is $50.23 and its two-hundred day moving average is $50.56.

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.