Walkner Condon Financial Advisors LLC Raises Stock Holdings in JPMorgan High Yield Municipal ETF $JMHI

Walkner Condon Financial Advisors LLC lifted its stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 164.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 23,367 shares of the company’s stock after purchasing an additional 14,530 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $1,164,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of JPMorgan High Yield Municipal ETF by 22.1% during the 4th quarter. Cetera Investment Advisers now owns 421,177 shares of the company’s stock valued at $21,164,000 after buying an additional 76,158 shares in the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan High Yield Municipal ETF by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 173,447 shares of the company’s stock worth $8,757,000 after acquiring an additional 35,110 shares during the period. Capital Asset Advisory Services LLC bought a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth approximately $8,327,000. LPL Financial LLC lifted its holdings in JPMorgan High Yield Municipal ETF by 19.1% during the fourth quarter. LPL Financial LLC now owns 145,969 shares of the company’s stock valued at $7,335,000 after purchasing an additional 23,443 shares in the last quarter. Finally, Prentice Wealth Management LLC lifted its holdings in JPMorgan High Yield Municipal ETF by 3.3% during the fourth quarter. Prentice Wealth Management LLC now owns 126,361 shares of the company’s stock valued at $6,350,000 after purchasing an additional 4,078 shares in the last quarter.

JPMorgan High Yield Municipal ETF Stock Performance

JMHI opened at $50.55 on Friday. JPMorgan High Yield Municipal ETF has a 1-year low of $48.74 and a 1-year high of $51.19. The company has a 50 day simple moving average of $50.16 and a two-hundred day simple moving average of $50.29.

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.