Fifth Third Bancorp Buys 41,688 Shares of JPMorgan Municipal ETF $JMUB

Fifth Third Bancorp lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 3,474.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,888 shares of the company’s stock after purchasing an additional 41,688 shares during the period. Fifth Third Bancorp’s holdings in JPMorgan Municipal ETF were worth $2,144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JMUB. Summit Financial Strategies Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 19.3% in the 1st quarter. Summit Financial Strategies Inc. now owns 157,489 shares of the company’s stock worth $7,873,000 after buying an additional 25,446 shares during the period. Oakwell Private Wealth Management LLC raised its holdings in shares of JPMorgan Municipal ETF by 3.5% in the first quarter. Oakwell Private Wealth Management LLC now owns 174,454 shares of the company’s stock valued at $8,721,000 after acquiring an additional 5,931 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of JPMorgan Municipal ETF by 7.6% in the first quarter. Sequoia Financial Advisors LLC now owns 208,705 shares of the company’s stock valued at $10,433,000 after acquiring an additional 14,723 shares in the last quarter. Mason & Associates Inc lifted its stake in JPMorgan Municipal ETF by 2.3% in the first quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after acquiring an additional 215 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in JPMorgan Municipal ETF by 28.6% in the first quarter. Kestra Advisory Services LLC now owns 145,315 shares of the company’s stock worth $7,264,000 after acquiring an additional 32,284 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.09 on Wednesday. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm’s 50-day moving average is $50.34 and its two-hundred day moving average is $50.51. JPMorgan Municipal ETF has a 1 year low of $49.10 and a 1 year high of $51.34.

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.