Private Trust Co. NA Grows Position in JPMorgan High Yield Municipal ETF $JMHI

Private Trust Co. NA grew its stake in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 254.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,917 shares of the company’s stock after buying an additional 2,095 shares during the period. Private Trust Co. NA’s holdings in JPMorgan High Yield Municipal ETF were worth $145,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JMHI. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan High Yield Municipal ETF during the first quarter worth $439,000. Walkner Condon Financial Advisors LLC purchased a new position in JPMorgan High Yield Municipal ETF during the first quarter worth $270,000. Investment Planning Advisors Inc. grew its position in shares of JPMorgan High Yield Municipal ETF by 15.6% in the first quarter. Investment Planning Advisors Inc. now owns 31,582 shares of the company’s stock valued at $1,595,000 after purchasing an additional 4,266 shares during the period. Strategic Financial Concepts LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF in the first quarter valued at $224,000. Finally, Envestnet Asset Management Inc. grew its position in shares of JPMorgan High Yield Municipal ETF by 38.1% in the first quarter. Envestnet Asset Management Inc. now owns 29,670 shares of the company’s stock valued at $1,498,000 after purchasing an additional 8,186 shares during the period.

JPMorgan High Yield Municipal ETF Stock Up 0.0%

Shares of NYSEARCA:JMHI opened at $50.72 on Wednesday. JPMorgan High Yield Municipal ETF has a 52 week low of $47.45 and a 52 week high of $51.50. The business has a fifty day simple moving average of $49.98 and a 200-day simple moving average of $49.59.

About JPMorgan High Yield Municipal ETF

The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities.