StoneCrest Wealth Management Inc. Increases Stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

StoneCrest Wealth Management Inc. boosted its stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 16.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,747 shares of the company’s stock after acquiring an additional 1,960 shares during the quarter. StoneCrest Wealth Management Inc.’s holdings in JPMorgan High Yield Municipal ETF were worth $690,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Susquehanna International Group LLP grew its stake in shares of JPMorgan High Yield Municipal ETF by 15.6% during the 2nd quarter. Susquehanna International Group LLP now owns 104,646 shares of the company’s stock valued at $5,210,000 after buying an additional 14,153 shares during the period. Cetera Investment Advisers raised its position in shares of JPMorgan High Yield Municipal ETF by 162.7% in the 2nd quarter. Cetera Investment Advisers now owns 31,530 shares of the company’s stock worth $1,570,000 after buying an additional 19,527 shares during the period. GAMMA Investing LLC acquired a new position in JPMorgan High Yield Municipal ETF in the third quarter valued at $46,000. Prentice Wealth Management LLC increased its stake in JPMorgan High Yield Municipal ETF by 28.8% during the third quarter. Prentice Wealth Management LLC now owns 92,257 shares of the company’s stock worth $4,707,000 after acquiring an additional 20,627 shares during the last quarter. Finally, Rosenberg Matthew Hamilton increased its stake 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.

JPMorgan High Yield Municipal ETF Stock Up 0.2 %

NYSEARCA JMHI opened at $50.14 on Friday. JPMorgan High Yield Municipal ETF has a 1-year low of $48.87 and a 1-year high of $51.16. The business’s 50-day simple moving average is $50.51 and its 200-day simple moving average is $50.49.

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.