Focus Partners Wealth Acquires New Stake in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI)

Focus Partners Wealth acquired a new stake in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 33,470 shares of the company’s stock, valued at approximately $1,676,000. Focus Partners Wealth owned about 0.80% of JPMorgan Sustainable Municipal Income ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Betterment LLC grew its position in JPMorgan Sustainable Municipal Income ETF by 60.0% in the 4th quarter. Betterment LLC now owns 460,029 shares of the company’s stock valued at $23,034,000 after buying an additional 172,457 shares during the last quarter. EP Wealth Advisors LLC grew its position in JPMorgan Sustainable Municipal Income ETF by 7.2% in the 4th quarter. EP Wealth Advisors LLC now owns 302,100 shares of the company’s stock valued at $15,126,000 after buying an additional 20,404 shares during the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Sustainable Municipal Income ETF by 0.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 209,829 shares of the company’s stock valued at $10,506,000 after buying an additional 830 shares during the last quarter. Mission Wealth Management LP grew its position in JPMorgan Sustainable Municipal Income ETF by 0.5% in the 4th quarter. Mission Wealth Management LP now owns 164,757 shares of the company’s stock valued at $8,249,000 after buying an additional 750 shares during the last quarter. Finally, Ellevest Inc. lifted its holdings in JPMorgan Sustainable Municipal Income ETF by 1,021.2% in the fourth quarter. Ellevest Inc. now owns 131,506 shares of the company’s stock valued at $6,584,000 after acquiring an additional 119,777 shares during the period.

JPMorgan Sustainable Municipal Income ETF Stock Up 0.2%

NYSEARCA:JMSI opened at $49.43 on Friday. The firm’s fifty day simple moving average is $49.39 and its 200-day simple moving average is $49.99. JPMorgan Sustainable Municipal Income ETF has a fifty-two week low of $47.72 and a fifty-two week high of $51.17.

About JPMorgan Sustainable Municipal Income ETF

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.