Seeds Investor LLC Makes New Investment in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Seeds Investor LLC purchased a new position in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 69,250 shares of the company’s stock, valued at approximately $3,478,000. JPMorgan High Yield Municipal ETF comprises approximately 1.0% of Seeds Investor LLC’s holdings, making the stock its 24th biggest holding. Seeds Investor LLC owned about 1.98% of JPMorgan High Yield Municipal ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Jones Financial Companies Lllp raised its stake in JPMorgan High Yield Municipal ETF by 138.0% during the 4th quarter. Jones Financial Companies Lllp now owns 6,034 shares of the company’s stock valued at $303,000 after purchasing an additional 3,499 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan High Yield Municipal ETF during the fourth quarter valued at about $1,374,000. Corient Private Wealth LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF during the fourth quarter valued at about $397,000. Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan High Yield Municipal ETF by 59.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 32,538 shares of the company’s stock valued at $1,634,000 after buying an additional 12,072 shares during the period. Finally, GAMMA Investing LLC grew its position in JPMorgan High Yield Municipal ETF by 165.4% during the fourth quarter. GAMMA Investing LLC now owns 2,389 shares of the company’s stock worth $120,000 after buying an additional 1,489 shares in the last quarter.

JPMorgan High Yield Municipal ETF Stock Performance

Shares of JMHI opened at $48.71 on Friday. The stock’s 50-day moving average price is $50.62 and its 200 day moving average price is $50.58. JPMorgan High Yield Municipal ETF has a 12-month low of $47.45 and a 12-month high of $51.50.

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.