First Financial Bank Trust Division Purchases New Position in JPMorgan Municipal ETF $JMUB

First Financial Bank Trust Division purchased a new position in JPMorgan Municipal ETF (NYSEARCA:JMUB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 58,551 shares of the company’s stock, valued at approximately $2,786,000.

Several other hedge funds have also recently bought and sold shares of the company. HB Wealth Management LLC acquired a new position in JPMorgan Municipal ETF during the second quarter worth $730,906,000. JPMorgan Chase & Co. boosted its position in JPMorgan Municipal ETF by 1,656.4% during the fourth quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after purchasing an additional 12,818,224 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Municipal ETF by 44.5% in the fourth quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock valued at $279,362,000 after purchasing an additional 1,702,513 shares during the last quarter. Meeder Advisory Services Inc. grew its holdings in JPMorgan Municipal ETF by 32.5% in the first quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock valued at $213,076,000 after purchasing an additional 1,044,894 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of JPMorgan Municipal ETF by 26.5% in the first quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock valued at $181,736,000 after buying an additional 761,782 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.2%

Shares of JMUB stock traded up $0.11 during mid-day trading on Thursday, reaching $47.69. The stock had a trading volume of 5,898,040 shares, compared to its average volume of 1,185,891. The company has a market cap of $8.23 billion, a P/E ratio of 9.96 and a beta of 0.23. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The business has a 50-day simple moving average of $49.20 and a 200 day simple moving average of $49.92.

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.