Envestnet Asset Management Inc. Sells 24,629 Shares of JPMorgan Sustainable Municipal Income ETF $JMSI

Envestnet Asset Management Inc. lessened its holdings in shares of JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 11.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 188,803 shares of the company’s stock after selling 24,629 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan Sustainable Municipal Income ETF were worth $9,331,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Betterment LLC raised its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 60.1% during the 1st quarter. Betterment LLC now owns 736,344 shares of the company’s stock valued at $36,670,000 after purchasing an additional 276,315 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 4.3% during the 1st quarter. EP Wealth Advisors LLC now owns 315,156 shares of the company’s stock valued at $15,695,000 after acquiring an additional 13,056 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 4.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 207,948 shares of the company’s stock valued at $10,356,000 after acquiring an additional 8,956 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of JPMorgan Sustainable Municipal Income ETF by 6.7% in the 1st quarter. Raymond James Financial Inc. now owns 119,450 shares of the company’s stock valued at $5,949,000 after acquiring an additional 7,538 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Sustainable Municipal Income ETF by 9.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 61,887 shares of the company’s stock worth $3,082,000 after purchasing an additional 5,178 shares during the last quarter.

JPMorgan Sustainable Municipal Income ETF Stock Up 0.1%

Shares of JPMorgan Sustainable Municipal Income ETF stock opened at $50.44 on Monday. JPMorgan Sustainable Municipal Income ETF has a 12-month low of $47.72 and a 12-month high of $51.35. The stock has a 50 day moving average price of $50.22 and a two-hundred day moving average price of $49.56.

JPMorgan Sustainable Municipal Income ETF Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years.