Jane Street Group LLC Has $2.19 Million Position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Jane Street Group LLC boosted its stake in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 185.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,745 shares of the company’s stock after acquiring an additional 70,694 shares during the quarter. Jane Street Group LLC owned 1.06% of First Trust Ultra Short Duration Municipal ETF worth $2,185,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Coppell Advisory Solutions LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 253.2% during the fourth quarter. Coppell Advisory Solutions LLC now owns 2,942 shares of the company’s stock worth $59,000 after acquiring an additional 2,109 shares in the last quarter. Stifel Financial Corp raised its stake in First Trust Ultra Short Duration Municipal ETF by 23.8% during the fourth quarter. Stifel Financial Corp now owns 107,946 shares of the company’s stock worth $2,169,000 after acquiring an additional 20,782 shares in the last quarter. NewEdge Advisors LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 10.1% during the fourth quarter. NewEdge Advisors LLC now owns 672,846 shares of the company’s stock worth $13,517,000 after acquiring an additional 61,488 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in First Trust Ultra Short Duration Municipal ETF by 4.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 537,423 shares of the company’s stock worth $10,796,000 after acquiring an additional 21,471 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in First Trust Ultra Short Duration Municipal ETF during the fourth quarter worth $5,070,000.

First Trust Ultra Short Duration Municipal ETF Stock Performance

First Trust Ultra Short Duration Municipal ETF stock opened at $20.10 on Friday. The stock has a fifty day moving average price of $20.08 and a two-hundred day moving average price of $20.10. First Trust Ultra Short Duration Municipal ETF has a 52-week low of $19.91 and a 52-week high of $20.23.

First Trust Ultra Short Duration Municipal ETF Company Profile

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.