First Citizens Financial Corp Takes $1.01 Million Position in JPMorgan Municipal ETF $JMUB

First Citizens Financial Corp bought a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 21,561 shares of the company’s stock, valued at approximately $1,012,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Mason & Associates Inc grew its position in JPMorgan Municipal ETF by 2.3% in the 1st quarter. Mason & Associates Inc now owns 9,364 shares of the company’s stock worth $468,000 after purchasing an additional 215 shares during the last quarter. Pennsylvania Capital Management Inc. ADV raised its position in shares of JPMorgan Municipal ETF by 4.9% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 4,919 shares of the company’s stock valued at $246,000 after buying an additional 230 shares during the last quarter. Balefire LLC raised its position in shares of JPMorgan Municipal ETF by 4.3% during the second quarter. Balefire LLC now owns 5,870 shares of the company’s stock valued at $297,000 after buying an additional 242 shares during the last quarter. J. R. Prunier Capital Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 2.5% in the first quarter. J. R. Prunier Capital Management LLC now owns 10,470 shares of the company’s stock valued at $523,000 after buying an additional 252 shares during the period. Finally, Calton & Associates Inc. lifted its stake in shares of JPMorgan Municipal ETF by 3.3% in the fourth quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock valued at $431,000 after buying an additional 270 shares during the period.

JPMorgan Municipal ETF Stock Down 0.7%

JMUB stock opened at $49.16 on Wednesday. JPMorgan Municipal ETF has a twelve month low of $49.07 and a twelve month high of $51.34. The company has a market cap of $3.02 billion, a PE ratio of 9.96 and a beta of 0.21. The business’s 50-day simple moving average is $50.02 and its 200 day simple moving average is $50.29.

About JPMorgan Municipal ETF

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.