JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Stock Position Lifted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 59.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,538 shares of the company’s stock after acquiring an additional 12,072 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.93% of JPMorgan High Yield Municipal ETF worth $1,634,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Prentice Wealth Management LLC lifted its position in JPMorgan High Yield Municipal ETF by 11.6% during the 4th quarter. Prentice Wealth Management LLC now owns 102,986 shares of the company’s stock worth $5,172,000 after acquiring an additional 10,729 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in shares of JPMorgan High Yield Municipal ETF by 249.0% during the fourth quarter. AdvisorNet Financial Inc now owns 40,865 shares of the company’s stock worth $2,052,000 after buying an additional 29,155 shares in the last quarter. Independent Wealth Network Inc. acquired a new position in JPMorgan High Yield Municipal ETF in the fourth quarter worth $1,655,000. Raymond James Financial Inc. bought a new stake in JPMorgan High Yield Municipal ETF during the 4th quarter worth about $1,374,000. Finally, Investment Planning Advisors Inc. raised its position in JPMorgan High Yield Municipal ETF by 27.7% in the 4th quarter. Investment Planning Advisors Inc. now owns 27,316 shares of the company’s stock worth $1,372,000 after purchasing an additional 5,932 shares during the last quarter.

JPMorgan High Yield Municipal ETF Stock Performance

JPMorgan High Yield Municipal ETF stock opened at $50.44 on Friday. The company’s 50-day moving average is $50.85 and its two-hundred day moving average is $50.67. JPMorgan High Yield Municipal ETF has a 1 year low of $48.92 and a 1 year high of $51.50.

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.