Cetera Investment Advisers Acquires 17,696 Shares of JPMorgan High Yield Municipal ETF $JMHI

Cetera Investment Advisers increased its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 438,873 shares of the company’s stock after purchasing an additional 17,696 shares during the quarter. Cetera Investment Advisers owned approximately 8.13% of JPMorgan High Yield Municipal ETF worth $21,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JMHI. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan High Yield Municipal ETF by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 173,447 shares of the company’s stock valued at $8,757,000 after purchasing an additional 35,110 shares during the last quarter. Capital Asset Advisory Services LLC purchased a new position in shares of JPMorgan High Yield Municipal ETF in the first quarter valued at $8,327,000. LPL Financial LLC increased its position in JPMorgan High Yield Municipal ETF by 19.1% in the fourth quarter. LPL Financial LLC now owns 145,969 shares of the company’s stock worth $7,335,000 after purchasing an additional 23,443 shares during the last quarter. Prentice Wealth Management LLC increased its position in JPMorgan High Yield Municipal ETF by 3.3% in the fourth quarter. Prentice Wealth Management LLC now owns 126,361 shares of the company’s stock worth $6,350,000 after purchasing an additional 4,078 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan High Yield Municipal ETF by 20.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 109,587 shares of the company’s stock valued at $5,507,000 after purchasing an additional 18,686 shares in the last quarter.

JPMorgan High Yield Municipal ETF Stock Up 0.2%

JPMorgan High Yield Municipal ETF stock opened at $49.67 on Tuesday. JPMorgan High Yield Municipal ETF has a 52-week low of $48.88 and a 52-week high of $51.19. The firm’s fifty day moving average is $50.14 and its 200 day moving average is $50.25.

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.