Capital Asset Advisory Services LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 165,575 shares of the company’s stock, valued at approximately $8,327,000.
A number of other large investors have also recently added to or reduced their stakes in JMHI. Investment Planning Advisors Inc. increased its stake in JPMorgan High Yield Municipal ETF by 1.2% during the fourth quarter. Investment Planning Advisors Inc. now owns 34,720 shares of the company’s stock worth $1,745,000 after acquiring an additional 420 shares during the last quarter. Optima Capital LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at $40,000. Stone House Investment Management LLC purchased a new position in shares of JPMorgan High Yield Municipal ETF during the 4th quarter worth $45,000. GGM Financials LLC grew its holdings in shares of JPMorgan High Yield Municipal ETF by 2.4% during the 4th quarter. GGM Financials LLC now owns 53,130 shares of the company’s stock worth $2,670,000 after purchasing an additional 1,229 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of JPMorgan High Yield Municipal ETF by 22.5% during the 3rd quarter. Citadel Advisors LLC now owns 7,074 shares of the company’s stock worth $357,000 after purchasing an additional 1,299 shares during the last quarter.
JPMorgan High Yield Municipal ETF Stock Performance
Shares of JMHI opened at $50.44 on Thursday. JPMorgan High Yield Municipal ETF has a 12-month low of $48.74 and a 12-month high of $51.19. The company’s 50-day moving average price is $50.15 and its 200 day moving average price is $50.28.
JPMorgan High Yield Municipal ETF Company 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. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.
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