PNC Financial Services Group Inc. Has $232,000 Stock Position in JPMorgan Municipal ETF $JMUB

PNC Financial Services Group Inc. raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,632 shares of the company’s stock after buying an additional 502 shares during the quarter. PNC Financial Services Group Inc.’s holdings in JPMorgan Municipal ETF were worth $232,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Quadcap Wealth Management LLC raised its position in shares of JPMorgan Municipal ETF by 80.3% during the fourth quarter. Quadcap Wealth Management LLC now owns 35,954 shares of the company’s stock worth $1,803,000 after purchasing an additional 16,011 shares during the period. Comerica Bank acquired a new stake in shares of JPMorgan Municipal ETF in the 4th quarter worth about $436,000. Marion Wealth Management lifted its position in JPMorgan Municipal ETF by 29.0% in the 1st quarter. Marion Wealth Management now owns 16,182 shares of the company’s stock valued at $809,000 after acquiring an additional 3,642 shares in the last quarter. Meeder Advisory Services Inc. acquired a new position in JPMorgan Municipal ETF during the 1st quarter valued at about $126,587,000. Finally, Certified Advisory Corp bought a new stake in JPMorgan Municipal ETF during the 1st quarter worth approximately $238,000.

JPMorgan Municipal ETF Stock Down 0.8%

JMUB stock opened at $49.42 on Monday. The firm has a market capitalization of $3.03 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The stock’s 50 day moving average is $49.39 and its 200-day moving average is $49.66.

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.