First Citizens Financial Corp Makes New $1.01 Million Investment in JPMorgan Municipal ETF $JMUB

First Citizens Financial Corp purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 21,561 shares of the company’s stock, valued at approximately $1,012,000.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Municipal ETF by 1,656.4% in the fourth quarter. JPMorgan Chase & Co. now owns 13,592,101 shares of the company’s stock worth $686,401,000 after buying an additional 12,818,224 shares during the last quarter. LPL Financial LLC raised its holdings in JPMorgan Municipal ETF by 44.5% in the 4th quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock worth $279,362,000 after acquiring an additional 1,702,513 shares during the period. Meeder Advisory Services Inc. raised its holdings in JPMorgan Municipal ETF by 32.5% in the 1st quarter. Meeder Advisory Services Inc. now owns 4,262,379 shares of the company’s stock worth $213,076,000 after acquiring an additional 1,044,894 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan Municipal ETF by 29.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,159,706 shares of the company’s stock worth $210,065,000 after acquiring an additional 950,852 shares during the period. Finally, Cetera Investment Advisers lifted its position in JPMorgan Municipal ETF by 26.5% during the 1st quarter. Cetera Investment Advisers now owns 3,635,444 shares of the company’s stock worth $181,736,000 after acquiring an additional 761,782 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $49.16 on Wednesday. JPMorgan Municipal ETF has a 52-week low of $49.07 and a 52-week high of $51.34. The company has a 50-day moving average of $50.02 and a two-hundred day moving average of $50.29. The stock has a market capitalization of $3.02 billion, a price-to-earnings 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.