51,730 Shares in JPMorgan High Yield Municipal ETF $JMHI Acquired by AdvisorNet Financial Inc

AdvisorNet Financial Inc purchased a new position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 51,730 shares of the company’s stock, valued at approximately $2,429,000.

Several other institutional investors have also bought and sold shares of JMHI. Capital Asset Advisory Services LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the first quarter valued at $8,327,000. Stewardship Advisors LLC bought a new stake in JPMorgan High Yield Municipal ETF in the 1st quarter valued at about $4,138,000. Royal Bank of Canada lifted its holdings in JPMorgan High Yield Municipal ETF by 439.2% during the first quarter. Royal Bank of Canada now owns 57,790 shares of the company’s stock valued at $2,880,000 after purchasing an additional 47,072 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in JPMorgan High Yield Municipal ETF by 201.4% during the first quarter. NewEdge Advisors LLC now owns 30,041 shares of the company’s stock valued at $1,497,000 after purchasing an additional 20,075 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in JPMorgan High Yield Municipal ETF by 4.2% during the first quarter. Cetera Investment Advisers now owns 438,873 shares of the company’s stock worth $21,869,000 after purchasing an additional 17,696 shares during the period.

JPMorgan High Yield Municipal ETF Stock Up 0.2%

JMHI opened at $47.65 on Friday. The company has a 50 day moving average of $48.30 and a 200 day moving average of $49.43. JPMorgan High Yield Municipal ETF has a 12 month low of $46.26 and a 12 month high of $51.19.

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. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.