Wesbanco Bank Inc. Has $1.80 Million Position in JPMorgan Municipal ETF $JMUB

Wesbanco Bank Inc. boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 151.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,103 shares of the company’s stock after acquiring an additional 21,768 shares during the period. Wesbanco Bank Inc. owned 0.06% of JPMorgan Municipal ETF worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. DAVENPORT & Co LLC raised its position in shares of JPMorgan Municipal ETF by 2.5% in the fourth quarter. DAVENPORT & Co LLC now owns 8,312 shares of the company’s stock valued at $420,000 after purchasing an additional 202 shares during the period. MB Levis & Associates LLC boosted its holdings in shares of JPMorgan Municipal ETF by 11.2% during the 4th quarter. MB Levis & Associates LLC now owns 2,016 shares of the company’s stock worth $102,000 after buying an additional 203 shares during the period. KFA Private Wealth Group LLC boosted its holdings in shares of JPMorgan Municipal ETF by 4.3% during the 4th quarter. KFA Private Wealth Group LLC now owns 5,827 shares of the company’s stock worth $294,000 after buying an additional 242 shares during the period. Calton & Associates Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 3.3% during the 4th quarter. Calton & Associates Inc. now owns 8,540 shares of the company’s stock worth $431,000 after buying an additional 270 shares during the period. Finally, Advisory Services Network LLC grew its stake in JPMorgan Municipal ETF by 1.0% in the 4th quarter. Advisory Services Network LLC now owns 32,747 shares of the company’s stock valued at $1,654,000 after buying an additional 312 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 0.1%

JPMorgan Municipal ETF stock opened at $50.62 on Friday. The stock has a market cap of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $49.06 and a twelve month high of $51.34. The company’s 50-day moving average price is $50.35 and its two-hundred day moving average price is $50.53.

JPMorgan Municipal ETF Company 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.