Verus Capital Partners LLC acquired a new stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,000 shares of the company’s stock, valued at approximately $563,000.
Several other large investors have also made changes to their positions in JMHI. AdvisorNet Financial Inc purchased a new position in shares of JPMorgan High Yield Municipal ETF during the 3rd quarter valued at approximately $2,429,000. NewEdge Advisors LLC grew its stake in JPMorgan High Yield Municipal ETF by 201.4% in the 1st quarter. NewEdge Advisors LLC now owns 30,041 shares of the company’s stock valued at $1,497,000 after acquiring an additional 20,075 shares during the period. Royal Bank of Canada grew its stake in JPMorgan High Yield Municipal ETF by 439.2% in the 1st quarter. Royal Bank of Canada now owns 57,790 shares of the company’s stock valued at $2,880,000 after acquiring an additional 47,072 shares during the period. Cetera Investment Advisers increased its holdings in JPMorgan High Yield Municipal ETF by 4.2% in the 1st quarter. Cetera Investment Advisers now owns 438,873 shares of the company’s stock worth $21,869,000 after acquiring an additional 17,696 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in JPMorgan High Yield Municipal ETF by 26.9% in the 1st quarter. Kestra Advisory Services LLC now owns 20,054 shares of the company’s stock worth $999,000 after acquiring an additional 4,249 shares in the last quarter.
JPMorgan High Yield Municipal ETF Stock Performance
NYSEARCA:JMHI opened at $48.74 on Tuesday. The company has a fifty day moving average of $47.86 and a two-hundred day moving average of $49.56. JPMorgan High Yield Municipal ETF has a fifty-two week low of $46.26 and a fifty-two week high of $51.19.
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. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.
Featured Stories
- Five stocks we like better than JPMorgan High Yield Municipal ETF
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Want to see what other hedge funds are holding JMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report).
Receive News & Ratings for JPMorgan High Yield Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan High Yield Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
