Cetera Investment Advisers Has $9.41 Million Holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Cetera Investment Advisers grew its holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 126.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 187,365 shares of the company’s stock after purchasing an additional 104,651 shares during the period. Cetera Investment Advisers owned about 5.35% of JPMorgan High Yield Municipal ETF worth $9,409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in JPMorgan High Yield Municipal ETF by 4.6% during the fourth quarter. NewEdge Advisors LLC now owns 4,943 shares of the company’s stock worth $248,000 after acquiring an additional 217 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in JPMorgan High Yield Municipal ETF by 138.0% during the fourth quarter. Jones Financial Companies Lllp now owns 6,034 shares of the company’s stock worth $303,000 after acquiring an additional 3,499 shares in the last quarter. SignalPoint Asset Management LLC bought a new stake in JPMorgan High Yield Municipal ETF during the fourth quarter worth about $352,000. Corient Private Wealth LLC bought a new stake in JPMorgan High Yield Municipal ETF during the fourth quarter worth about $397,000. Finally, StoneCrest Wealth Management Inc. raised its holdings 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 worth $690,000 after acquiring an additional 1,960 shares in the last quarter.

JPMorgan High Yield Municipal ETF Trading Up 0.1%

JMHI opened at $49.59 on Monday. The business’s 50-day simple moving average is $49.99 and its 200 day simple moving average is $50.40. JPMorgan High Yield Municipal ETF has a 52-week low of $47.45 and a 52-week high of $51.50.

JPMorgan High Yield Municipal ETF 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.