AdvisorNet Financial Inc raised its holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report) by 249.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,865 shares of the company’s stock after buying an additional 29,155 shares during the period. AdvisorNet Financial Inc’s holdings in JPMorgan High Yield Municipal ETF were worth $2,052,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in JMHI. GAMMA Investing LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF during the 3rd quarter worth about $46,000. Rosenberg Matthew Hamilton lifted its position in JPMorgan High Yield Municipal ETF by 95.0% during the third quarter. Rosenberg Matthew Hamilton now owns 3,131 shares of the company’s stock worth $160,000 after acquiring an additional 1,525 shares during the last quarter. GGM Financials LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF during the third quarter worth approximately $233,000. Valued Retirements Inc. acquired a new position in shares of JPMorgan High Yield Municipal ETF in the third quarter valued at approximately $599,000. Finally, StoneCrest Wealth Management Inc. bought a new position in shares of JPMorgan High Yield Municipal ETF during the third quarter worth approximately $601,000.
JPMorgan High Yield Municipal ETF Stock Performance
JMHI opened at $49.85 on Wednesday. The business has a fifty day simple moving average of $50.51 and a 200 day simple moving average of $50.50. JPMorgan High Yield Municipal ETF has a 1 year low of $48.87 and a 1 year high of $51.16.
JPMorgan High Yield Municipal ETF 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.
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