Wealth Enhancement Advisory Services LLC Increases Stake in JPMorgan Sustainable Municipal Income ETF $JMSI

Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 123.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 36,878 shares of the company’s stock after purchasing an additional 20,383 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.57% of JPMorgan Sustainable Municipal Income ETF worth $1,849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ally Invest Advisors Inc. increased its stake in shares of JPMorgan Sustainable Municipal Income ETF by 6.2% in the second quarter. Ally Invest Advisors Inc. now owns 5,140 shares of the company’s stock worth $254,000 after buying an additional 299 shares during the period. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Sustainable Municipal Income ETF in the second quarter valued at about $292,000. Angeles Wealth Management LLC bought a new position in shares of JPMorgan Sustainable Municipal Income ETF during the second quarter valued at about $425,000. McNamara Financial Services Inc. purchased a new stake in shares of JPMorgan Sustainable Municipal Income ETF during the second quarter worth about $558,000. Finally, Advisory Services Network LLC purchased a new stake in shares of JPMorgan Sustainable Municipal Income ETF during the second quarter worth about $586,000.

JPMorgan Sustainable Municipal Income ETF Stock Performance

Shares of NYSEARCA:JMSI opened at $50.72 on Friday. The stock’s 50-day moving average is $50.51 and its 200 day moving average is $50.08. JPMorgan Sustainable Municipal Income ETF has a 1 year low of $47.72 and a 1 year high of $51.35.

JPMorgan Sustainable Municipal Income ETF Company Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.