Stewardship Advisors LLC purchased a new position in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI – Free Report) in the first quarter, according to its most recent filing with the SEC. The firm purchased 83,051 shares of the company’s stock, valued at approximately $4,138,000. JPMorgan High Yield Municipal ETF accounts for 1.0% of Stewardship Advisors LLC’s portfolio, making the stock its 26th largest holding. Stewardship Advisors LLC owned 1.52% of JPMorgan High Yield Municipal ETF as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in JMHI. Optima Capital LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at about $40,000. Stone House Investment Management LLC acquired a new stake in JPMorgan High Yield Municipal ETF during the fourth quarter worth approximately $45,000. Global Retirement Partners LLC bought a new stake in JPMorgan High Yield Municipal ETF in the fourth quarter worth approximately $100,000. Ameriflex Group Inc. increased its holdings in JPMorgan High Yield Municipal ETF by 127.0% in the third quarter. Ameriflex Group Inc. now owns 3,635 shares of the company’s stock worth $184,000 after purchasing an additional 2,034 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in JPMorgan High Yield Municipal ETF in the fourth quarter worth approximately $220,000.
JPMorgan High Yield Municipal ETF Price Performance
Shares of JMHI opened at $50.38 on Tuesday. JPMorgan High Yield Municipal ETF has a 52-week low of $48.74 and a 52-week high of $51.19. The business’s 50 day moving average price is $50.09 and its two-hundred day moving average price is $50.28.
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.
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