Kennedy Investment Group Has $523,000 Stock Position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Kennedy Investment Group lowered its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 25.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,415 shares of the company’s stock after selling 3,552 shares during the period. Kennedy Investment Group’s holdings in JPMorgan High Yield Municipal ETF were worth $523,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of JMHI. Susquehanna International Group LLP grew its stake in JPMorgan High Yield Municipal ETF by 15.6% in the 2nd quarter. Susquehanna International Group LLP now owns 104,646 shares of the company’s stock worth $5,210,000 after buying an additional 14,153 shares in the last quarter. Prentice Wealth Management LLC raised its holdings in JPMorgan High Yield Municipal ETF by 28.8% in the third quarter. Prentice Wealth Management LLC now owns 92,257 shares of the company’s stock worth $4,707,000 after buying an additional 20,627 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of JPMorgan High Yield Municipal ETF by 249.0% in the fourth quarter. AdvisorNet Financial Inc now owns 40,865 shares of the company’s stock worth $2,052,000 after acquiring an additional 29,155 shares during the period. Independent Wealth Network Inc. bought a new stake in JPMorgan High Yield Municipal ETF during the fourth quarter valued at approximately $1,655,000. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan High Yield Municipal ETF by 162.7% in the second quarter. Cetera Investment Advisers now owns 31,530 shares of the company’s stock worth $1,570,000 after purchasing an additional 19,527 shares during the period.

JPMorgan High Yield Municipal ETF Price Performance

JMHI stock opened at $50.63 on Wednesday. The company’s fifty day moving average price is $50.50 and its 200-day moving average price is $50.53. JPMorgan High Yield Municipal ETF has a one year low of $48.92 and a one year high of $51.16.

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.