Private Trust Co. NA Boosts Stock Position in JPMorgan High Yield Municipal ETF $JMHI

Private Trust Co. NA lifted its position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 254.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,917 shares of the company’s stock after buying an additional 2,095 shares during the quarter. Private Trust Co. NA owned approximately 0.07% of JPMorgan High Yield Municipal ETF worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Independent Wealth Network Inc. raised its holdings in shares of JPMorgan High Yield Municipal ETF by 2.9% in the 1st quarter. Independent Wealth Network Inc. now owns 33,917 shares of the company’s stock valued at $1,713,000 after buying an additional 971 shares during the period. Rosenberg Matthew Hamilton increased its holdings in JPMorgan High Yield Municipal ETF by 35.4% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 4,239 shares of the company’s stock worth $211,000 after purchasing an additional 1,108 shares during the period. NewEdge Advisors LLC increased its holdings in JPMorgan High Yield Municipal ETF by 37.1% during the 1st quarter. NewEdge Advisors LLC now owns 6,775 shares of the company’s stock worth $342,000 after purchasing an additional 1,832 shares during the period. Peterson Wealth Advisors LLC purchased a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth about $202,000. Finally, Private Advisor Group LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF during the 1st quarter worth about $211,000.

JPMorgan High Yield Municipal ETF Trading Up 0.0%

JMHI opened at $50.72 on Wednesday. JPMorgan High Yield Municipal ETF has a one year low of $47.45 and a one year high of $51.50. The business’s 50-day simple moving average is $49.98 and its 200-day simple moving average is $49.59.

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.