Connecticut Capital Management Group LLC Takes $665,000 Position in JPMorgan High Yield Municipal ETF $JMHI

Connecticut Capital Management Group LLC bought a new stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 13,226 shares of the company’s stock, valued at approximately $665,000.

A number of other hedge funds also recently modified their holdings of JMHI. Optima Capital LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF in the fourth quarter valued at $40,000. Stone House Investment Management LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth $45,000. Global Retirement Partners LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth $100,000. Ameriflex Group Inc. raised its holdings in shares of JPMorgan High Yield Municipal ETF by 127.0% during the third quarter. Ameriflex Group Inc. now owns 3,635 shares of the company’s stock worth $184,000 after acquiring an additional 2,034 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth $220,000.

JPMorgan High Yield Municipal ETF Trading Up 0.2%

Shares of NYSEARCA:JMHI opened at $50.17 on Thursday. JPMorgan High Yield Municipal ETF has a 1 year low of $48.74 and a 1 year high of $51.19. The business has a fifty day simple moving average of $49.96 and a 200 day simple moving average of $50.32.

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.