First Financial Bank Trust Division Purchases 58,551 Shares of JPMorgan Municipal ETF $JMUB

First Financial Bank Trust Division purchased a new position in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 58,551 shares of the company’s stock, valued at approximately $2,786,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC purchased a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at about $730,906,000. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Municipal ETF by 1,656.4% during 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. Summit Financial Strategies Inc. increased its position in JPMorgan Municipal ETF by 1,780.4% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,961,426 shares of the company’s stock valued at $139,607,000 after acquiring an additional 2,803,937 shares during the period. Capital Analysts LLC increased its position in JPMorgan Municipal ETF by 856.3% in the 2nd quarter. Capital Analysts LLC now owns 1,909,389 shares of the company’s stock valued at $90,546,000 after acquiring an additional 1,709,720 shares during the period. Finally, LPL Financial LLC raised its stake in JPMorgan Municipal ETF by 44.5% during the 4th quarter. LPL Financial LLC now owns 5,531,924 shares of the company’s stock valued at $279,362,000 after acquiring an additional 1,702,513 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 0.2%

JMUB traded up $0.11 on Thursday, hitting $47.69. 5,898,040 shares of the company traded hands, compared to its average volume of 1,185,891. JPMorgan Municipal ETF has a 12-month low of $47.20 and a 12-month high of $51.34. The company has a 50 day moving average of $49.20 and a 200-day moving average of $49.92. The stock has a market capitalization of $8.23 billion, a PE ratio of 9.96 and a beta of 0.23.

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.