Prentice Wealth Management LLC increased its stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report) by 11.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 102,986 shares of the company’s stock after buying an additional 10,729 shares during the quarter. JPMorgan High Yield Municipal ETF makes up about 1.5% of Prentice Wealth Management LLC’s portfolio, making the stock its 16th largest position. Prentice Wealth Management LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $5,172,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in JMHI. Investment Planning Advisors Inc. grew its holdings in JPMorgan High Yield Municipal ETF by 27.7% during the 4th quarter. Investment Planning Advisors Inc. now owns 27,316 shares of the company’s stock valued at $1,372,000 after buying an additional 5,932 shares in the last quarter. Independent Wealth Network Inc. bought a new position in shares of JPMorgan High Yield Municipal ETF in the fourth quarter valued at approximately $1,655,000. StoneCrest Wealth Management Inc. grew its stake in JPMorgan High Yield Municipal ETF by 16.6% during the fourth quarter. StoneCrest Wealth Management Inc. now owns 13,747 shares of the company’s stock valued at $690,000 after acquiring an additional 1,960 shares in the last quarter. SignalPoint Asset Management LLC purchased a new position in JPMorgan High Yield Municipal ETF during the fourth quarter valued at approximately $352,000. Finally, AdvisorNet Financial Inc increased its holdings in JPMorgan High Yield Municipal ETF by 249.0% during the 4th quarter. AdvisorNet Financial Inc now owns 40,865 shares of the company’s stock worth $2,052,000 after acquiring an additional 29,155 shares during the period.
JPMorgan High Yield Municipal ETF Price Performance
Shares of NYSEARCA:JMHI opened at $51.04 on Friday. The firm has a fifty day moving average price of $50.50 and a two-hundred day moving average price of $50.60. JPMorgan High Yield Municipal ETF has a one year low of $48.92 and a one year high of $51.16.
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.
Featured Articles
- Five stocks we like better than JPMorgan High Yield Municipal ETF
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- What is a Bond Market Holiday? How to Invest and Trade
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- What is a SEC Filing?
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Want to see what other hedge funds are holding JMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report).
Receive News & Ratings for JPMorgan High Yield Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan High Yield Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.