Ellevest Inc. increased its stake in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI – Free Report) by 10.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 138,876 shares of the company’s stock after buying an additional 12,874 shares during the quarter. JPMorgan Sustainable Municipal Income ETF makes up about 1.0% of Ellevest Inc.’s portfolio, making the stock its 21st largest position. Ellevest Inc.’s holdings in JPMorgan Sustainable Municipal Income ETF were worth $6,997,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the stock. Allworth Financial LP grew its position in shares of JPMorgan Sustainable Municipal Income ETF by 77.7% in the fourth quarter. Allworth Financial LP now owns 1,370 shares of the company’s stock valued at $69,000 after purchasing an additional 599 shares in the last quarter. Rossby Financial LCC purchased a new position in JPMorgan Sustainable Municipal Income ETF during the third quarter worth about $31,000. NewEdge Advisors LLC grew its position in JPMorgan Sustainable Municipal Income ETF by 7.9% during the second quarter. NewEdge Advisors LLC now owns 16,617 shares of the company’s stock worth $821,000 after buying an additional 1,211 shares in the last quarter. Triumph Capital Management purchased a new position in JPMorgan Sustainable Municipal Income ETF during the third quarter worth about $64,000. Finally, CPC Advisors LLC grew its position in JPMorgan Sustainable Municipal Income ETF by 4.6% during the fourth quarter. CPC Advisors LLC now owns 31,381 shares of the company’s stock worth $1,581,000 after buying an additional 1,390 shares in the last quarter.
JPMorgan Sustainable Municipal Income ETF Stock Performance
JPMorgan Sustainable Municipal Income ETF stock opened at $50.21 on Monday. JPMorgan Sustainable Municipal Income ETF has a 52 week low of $48.79 and a 52 week high of $51.35. The business has a 50-day simple moving average of $50.00 and a 200 day simple moving average of $50.38.
JPMorgan Sustainable Municipal Income ETF 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.
Recommended Stories
- Five stocks we like better than JPMorgan Sustainable Municipal Income ETF
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding JMSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI – Free Report).
Receive News & Ratings for JPMorgan Sustainable Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Sustainable Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
