GGM Financials LLC Purchases 29,870 Shares of JPMorgan High Yield Municipal ETF $JMHI

GGM Financials LLC grew its position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 432.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,771 shares of the company’s stock after acquiring an additional 29,870 shares during the quarter. GGM Financials LLC owned 0.92% of JPMorgan High Yield Municipal ETF worth $1,830,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Prentice Wealth Management LLC lifted its position in shares of JPMorgan High Yield Municipal ETF by 8.5% in the 2nd quarter. Prentice Wealth Management LLC now owns 122,166 shares of the company’s stock worth $6,081,000 after acquiring an additional 9,557 shares during the period. Private Trust Co. NA lifted its position in shares of JPMorgan High Yield Municipal ETF by 254.9% in the 2nd quarter. Private Trust Co. NA now owns 2,917 shares of the company’s stock worth $145,000 after acquiring an additional 2,095 shares during the period. Rosenberg Matthew Hamilton lifted its position in shares of JPMorgan High Yield Municipal ETF by 35.4% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 4,239 shares of the company’s stock worth $211,000 after buying an additional 1,108 shares during the period. AdvisorNet Financial Inc lifted its position in shares of JPMorgan High Yield Municipal ETF by 11.2% during the 2nd quarter. AdvisorNet Financial Inc now owns 46,197 shares of the company’s stock worth $2,300,000 after buying an additional 4,641 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan High Yield Municipal ETF by 219.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,812 shares of the company’s stock worth $1,381,000 after buying an additional 19,113 shares during the period.

JPMorgan High Yield Municipal ETF Stock Performance

JPMorgan High Yield Municipal ETF stock opened at $50.84 on Tuesday. JPMorgan High Yield Municipal ETF has a one year low of $47.45 and a one year high of $51.50. The business has a 50 day simple moving average of $50.11 and a 200 day simple moving average of $49.64.

JPMorgan High Yield Municipal ETF Profile

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.