Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Cambridge Investment Research Advisors Inc. lowered its stake in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 18.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,162 shares of the company’s stock after selling 1,423 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.15% of JPMorgan High Yield Municipal ETF worth $311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JMHI. GPS Wealth Strategies Group LLC purchased a new stake in JPMorgan High Yield Municipal ETF in the 1st quarter valued at approximately $25,000. Ameriflex Group Inc. purchased a new stake in JPMorgan High Yield Municipal ETF in the 4th quarter valued at approximately $81,000. B. Riley Wealth Advisors Inc. purchased a new stake in JPMorgan High Yield Municipal ETF in the 4th quarter valued at approximately $206,000. Skyline Advisors Inc. purchased a new stake in JPMorgan High Yield Municipal ETF in the 4th quarter valued at approximately $221,000. Finally, NewEdge Advisors LLC boosted its holdings in JPMorgan High Yield Municipal ETF by 4.6% in the 4th quarter. NewEdge Advisors LLC now owns 4,943 shares of the company’s stock valued at $248,000 after purchasing an additional 217 shares in the last quarter.

JPMorgan High Yield Municipal ETF Stock Down 0.4%

Shares of JMHI opened at $49.38 on Friday. JPMorgan High Yield Municipal ETF has a twelve month low of $47.45 and a twelve month high of $51.50. The stock’s 50 day moving average is $49.49 and its two-hundred day moving average is $50.06.

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.