JPMorgan High Yield Municipal ETF $JMHI Stock Position Lessened by Prentice Wealth Management LLC

Prentice Wealth Management LLC trimmed its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 14.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 108,356 shares of the company’s stock after selling 18,005 shares during the period. JPMorgan High Yield Municipal ETF makes up approximately 1.2% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Prentice Wealth Management LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $5,399,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC grew its position in JPMorgan High Yield Municipal ETF by 37.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,775 shares of the company’s stock valued at $342,000 after buying an additional 1,832 shares in the last quarter. Jane Street Group LLC increased its stake in JPMorgan High Yield Municipal ETF by 28.5% during the 1st quarter. Jane Street Group LLC now owns 51,462 shares of the company’s stock valued at $2,599,000 after buying an additional 11,409 shares during the period. Raymond James Financial Inc. raised its position in shares of JPMorgan High Yield Municipal ETF by 78.5% during the 2nd quarter. Raymond James Financial Inc. now owns 42,065 shares of the company’s stock worth $2,094,000 after buying an additional 18,497 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of JPMorgan High Yield Municipal ETF during the 2nd quarter worth about $440,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan High Yield Municipal ETF by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 173,447 shares of the company’s stock worth $8,757,000 after acquiring an additional 35,110 shares during the period.

JPMorgan High Yield Municipal ETF Trading Down 0.1%

JPMorgan High Yield Municipal ETF stock opened at $50.33 on Wednesday. The firm has a 50 day simple moving average of $50.10 and a 200-day simple moving average of $50.28. JPMorgan High Yield Municipal ETF has a 12-month low of $48.74 and a 12-month high of $51.19.

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. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.