JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,062 shares, an increase of 376.2% from the April 15th total of 433 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 24,637 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of JPMorgan Sustainable Municipal Income ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 77.7% in the 4th quarter. Allworth Financial LP now owns 1,370 shares of the company’s stock valued at $69,000 after purchasing an additional 599 shares during the period. Rossby Financial LCC acquired a new position in shares of JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at about $31,000. NewEdge Advisors LLC increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 4.4% in the 4th quarter. NewEdge Advisors LLC now owns 17,147 shares of the company’s stock valued at $864,000 after purchasing an additional 730 shares during the period. CPC Advisors LLC increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 3.3% in the 1st quarter. CPC Advisors LLC now owns 32,411 shares of the company’s stock valued at $1,612,000 after purchasing an additional 1,030 shares during the period. Finally, Triumph Capital Management acquired a new position in shares of JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at about $64,000.
JPMorgan Sustainable Municipal Income ETF Stock Performance
NYSEARCA JMSI opened at $50.04 on Wednesday. The stock’s 50-day moving average price is $50.16 and its two-hundred day moving average price is $50.44. JPMorgan Sustainable Municipal Income ETF has a 1 year low of $48.79 and a 1 year high of $51.35.
JPMorgan Sustainable Municipal Income ETF Company Profile
The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.
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