Modera Wealth Management LLC Acquires 55,253 Shares of JPMorgan Sustainable Municipal Income ETF $JMSI

Modera Wealth Management LLC acquired a new position in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) in the third quarter, HoldingsChannel reports. The institutional investor acquired 55,253 shares of the company’s stock, valued at approximately $2,608,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Values Added Financial LLC bought a new stake in JPMorgan Sustainable Municipal Income ETF during the third quarter valued at $201,000. Flagship Harbor Advisors LLC boosted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 20.5% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 10,385 shares of the company’s stock valued at $490,000 after buying an additional 1,765 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 15.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 4,664 shares of the company’s stock valued at $220,000 after buying an additional 628 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 217.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 19,524 shares of the company’s stock valued at $922,000 after buying an additional 13,366 shares during the period. Finally, IFP Advisors Inc grew its position in shares of JPMorgan Sustainable Municipal Income ETF by 131.5% during the 3rd quarter. IFP Advisors Inc now owns 10,678 shares of the company’s stock valued at $504,000 after buying an additional 6,065 shares during the last quarter.

JPMorgan Sustainable Municipal Income ETF Price Performance

Shares of NYSEARCA:JMSI opened at $48.81 on Monday. JPMorgan Sustainable Municipal Income ETF has a fifty-two week low of $46.79 and a fifty-two week high of $51.35. The firm has a 50-day simple moving average of $48.17 and a 200 day simple moving average of $49.68.

About JPMorgan Sustainable Municipal Income ETF

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.