Wesbanco Bank Inc. Makes New Investment in JPMorgan Municipal ETF $JMUB

Wesbanco Bank Inc. bought a new position in JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 14,335 shares of the company’s stock, valued at approximately $724,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. TBH Global Asset Management LLC increased its holdings in JPMorgan Municipal ETF by 1,180.8% in the 4th quarter. TBH Global Asset Management LLC now owns 352,676 shares of the company’s stock worth $17,810,000 after purchasing an additional 325,140 shares in the last quarter. Aspen Wealth Management LLC increased its holdings in JPMorgan Municipal ETF by 10.9% in the 4th quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after purchasing an additional 34,931 shares in the last quarter. Breakwater Capital Group increased its holdings in JPMorgan Municipal ETF by 29.7% in the 4th quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after purchasing an additional 12,428 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new position in JPMorgan Municipal ETF in the 4th quarter worth about $1,929,000. Finally, Daymark Wealth Partners LLC increased its holdings in JPMorgan Municipal ETF by 45.4% in the 4th quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock worth $2,815,000 after purchasing an additional 17,404 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB opened at $50.39 on Monday. JPMorgan Municipal ETF has a 12-month low of $49.06 and a 12-month high of $51.34. The business has a 50-day simple moving average of $50.43 and a two-hundred day simple moving average of $50.62. The stock has a market cap of $3.09 billion, a PE 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.