JPMorgan Chase & Co. Invests $8.34 Million in iShares High Yield Muni Income Active ETF $SHYM

JPMorgan Chase & Co. purchased a new stake in shares of iShares High Yield Muni Income Active ETF (BATS:SHYM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 373,410 shares of the company’s stock, valued at approximately $8,342,000. JPMorgan Chase & Co. owned 2.51% of iShares High Yield Muni Income Active ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in iShares High Yield Muni Income Active ETF in the 3rd quarter worth approximately $75,000. NewEdge Advisors LLC purchased a new position in iShares High Yield Muni Income Active ETF during the 3rd quarter worth approximately $246,000. Integrated Wealth Concepts LLC acquired a new stake in iShares High Yield Muni Income Active ETF during the 3rd quarter valued at $221,000. FourThought Financial Partners LLC acquired a new stake in iShares High Yield Muni Income Active ETF during the 3rd quarter valued at $2,359,000. Finally, GGM Financials LLC purchased a new stake in shares of iShares High Yield Muni Income Active ETF in the third quarter valued at $76,000.

iShares High Yield Muni Income Active ETF Price Performance

Shares of iShares High Yield Muni Income Active ETF stock opened at $21.96 on Monday. The business has a fifty day simple moving average of $22.32 and a 200-day simple moving average of $22.30. iShares High Yield Muni Income Active ETF has a 12 month low of $20.75 and a 12 month high of $22.87.

iShares High Yield Muni Income Active ETF Company Profile

The iShares High Yield Muni Income Active ETF (SHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. SHYM was launched on Mar 16, 2021 and is issued by BlackRock.