Fifth Third Bancorp Purchases 41,688 Shares of JPMorgan Municipal ETF $JMUB

Fifth Third Bancorp raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3,474.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,888 shares of the company’s stock after buying an additional 41,688 shares during the period. Fifth Third Bancorp owned about 0.07% of JPMorgan Municipal ETF worth $2,144,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JMUB. Godsey & Gibb Inc. purchased a new position in JPMorgan Municipal ETF during the 4th quarter valued at $27,000. Brown Brothers Harriman & Co. bought a new position in JPMorgan Municipal ETF in the 4th quarter valued at $34,000. Franklin Resources Inc. purchased a new stake in JPMorgan Municipal ETF in the third quarter worth $41,000. N.E.W. Advisory Services LLC purchased a new stake in JPMorgan Municipal ETF in the fourth quarter worth $44,000. Finally, SHP Wealth Management bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth $47,000.

JPMorgan Municipal ETF Trading Down 0.1%

Shares of JMUB opened at $50.09 on Wednesday. The firm has a market capitalization of $3.07 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $49.10 and a 12-month high of $51.34. The firm has a fifty day moving average price of $50.34 and a 200-day moving average price of $50.51.

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.