Kennedy Investment Group Sells 4,368 Shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Kennedy Investment Group reduced its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 23.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 13,967 shares of the company’s stock after selling 4,368 shares during the period. Kennedy Investment Group’s holdings in JPMorgan High Yield Municipal ETF were worth $713,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of JMHI. Cullen Frost Bankers Inc. acquired a new position in shares of JPMorgan High Yield Municipal ETF during the second quarter worth $29,000. GAMMA Investing LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF in the third quarter valued at approximately $46,000. Massmutual Trust Co. FSB ADV acquired a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth approximately $46,000. Confluence Wealth Services Inc. bought a new stake in JPMorgan High Yield Municipal ETF during the 2nd quarter worth approximately $338,000. Finally, Walkner Condon Financial Advisors LLC increased its position in JPMorgan High Yield Municipal ETF by 5.4% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 8,961 shares of the company’s stock valued at $446,000 after acquiring an additional 461 shares during the period.

JPMorgan High Yield Municipal ETF Stock Down 0.1 %

NYSEARCA:JMHI traded down $0.05 during trading hours on Monday, hitting $50.85. 16,956 shares of the company were exchanged, compared to its average volume of 12,057. The company has a fifty day simple moving average of $50.69 and a 200 day simple moving average of $50.05. JPMorgan High Yield Municipal ETF has a one year low of $45.94 and a one year high of $51.04.

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.