Huntington National Bank Purchases 77,663 Shares of JPMorgan Municipal ETF $JMUB

Huntington National Bank raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 21.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 441,054 shares of the company’s stock after purchasing an additional 77,663 shares during the period. Huntington National Bank owned 0.72% of JPMorgan Municipal ETF worth $22,273,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JMUB. Captrust Financial Advisors raised its holdings in shares of JPMorgan Municipal ETF by 375.8% in the third quarter. Captrust Financial Advisors now owns 1,061,229 shares of the company’s stock worth $53,560,000 after buying an additional 838,165 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in JPMorgan Municipal ETF by 34.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,208,854 shares of the company’s stock worth $161,951,000 after purchasing an additional 826,847 shares during the period. Ameriprise Financial Inc. lifted its holdings in JPMorgan Municipal ETF by 43.7% in the third quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock valued at $113,284,000 after acquiring an additional 683,129 shares during the period. Bank of America Corp DE boosted its holdings in JPMorgan Municipal ETF by 152.3% during the second quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock worth $54,687,000 after buying an additional 665,100 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in JPMorgan Municipal ETF by 394.2% during the fourth quarter. Assetmark Inc. now owns 629,062 shares of the company’s stock worth $31,768,000 after buying an additional 501,766 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.2%

Shares of JMUB opened at $50.31 on Thursday. JPMorgan Municipal ETF has a 12 month low of $49.06 and a 12 month high of $51.34. The stock’s 50 day moving average is $50.23 and its two-hundred day moving average is $50.56. The firm has a market cap of $3.09 billion, a P/E ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF 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.