FUMB Stock Summary and Trading Ideas (First Trust Ultra Short Duration Municipal ETF | ARCA:FUMB)

First Trust Ultra Short Duration Municipal ETF seeks to provide federally tax-exempt income consistent with capital preservation. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.

First Trust Ultra Short Duration Municipal ETF trades on the ARCA stock market under the symbol FUMB.

As of March 4, 2025, FUMB stock price climbed to $20.12 with 9,283 million shares trading.

FUMB has a beta of 0.00, meaning it tends to be less sensitive to market movements. FUMB has a correlation of 0.00 to the broad based SPY ETF.

FUMB has a market cap of $195.16 million. This is considered a Micro Cap stock.

In the last 3 years, FUMB traded as high as $20.18 and as low as $19.79.

FUMB has underperformed the market in the last year with a return of +3.3%, while SPY returned +13.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FUMB shares. However, FUMB has outperformed the market in the last 3 month and 2 week periods, returning +0.8% and +0.2%, while SPY returned -4.5% and -5.8%, respectively. This indicates FUMB has been having a stronger performance recently.

FUMB support price is $20.09 and resistance is $20.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FUMB shares will trade within this expected range on the day.