JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) Short Interest Down 69.9% in July

JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 4,566 shares, a decrease of 69.9% from the July 15th total of 15,166 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 48,779 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On JPMorgan Sustainable Municipal Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Betterment LLC increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 17.3% in the 4th quarter. Betterment LLC now owns 1,595,871 shares of the company’s stock worth $80,400,000 after buying an additional 235,384 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of JPMorgan Sustainable Municipal Income ETF in the 4th quarter valued at about $19,130,000. PNC Financial Services Group Inc. lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 228,612 shares of the company’s stock valued at $11,373,000 after acquiring an additional 18,179 shares during the last quarter. Seeds Investor LLC lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 10.9% in the 4th quarter. Seeds Investor LLC now owns 149,036 shares of the company’s stock valued at $7,508,000 after acquiring an additional 14,605 shares during the last quarter. Finally, Ellevest Inc. grew its position in JPMorgan Sustainable Municipal Income ETF by 10.2% in the fourth quarter. Ellevest Inc. now owns 138,876 shares of the company’s stock worth $6,997,000 after acquiring an additional 12,874 shares in the last quarter.

JPMorgan Sustainable Municipal Income ETF Trading Down 0.3%

Shares of JMSI stock traded down $0.14 on Friday, reaching $49.60. The company’s stock had a trading volume of 19,881 shares, compared to its average volume of 30,810. The stock’s fifty day simple moving average is $49.95 and its 200-day simple moving average is $50.19. JPMorgan Sustainable Municipal Income ETF has a 1 year low of $48.98 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.