Investment Planning Advisors Inc. Has $1.37 Million Position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Investment Planning Advisors Inc. increased its stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 27.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,316 shares of the company’s stock after acquiring an additional 5,932 shares during the quarter. JPMorgan High Yield Municipal ETF comprises 0.6% of Investment Planning Advisors Inc.’s holdings, making the stock its 27th largest holding. Investment Planning Advisors Inc. owned about 0.78% of JPMorgan High Yield Municipal ETF worth $1,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in JMHI. Susquehanna International Group LLP grew its holdings in JPMorgan High Yield Municipal ETF by 15.6% in the second quarter. Susquehanna International Group LLP now owns 104,646 shares of the company’s stock worth $5,210,000 after purchasing an additional 14,153 shares during the period. Cetera Investment Advisers raised its stake in JPMorgan High Yield Municipal ETF by 162.7% during the 2nd quarter. Cetera Investment Advisers now owns 31,530 shares of the company’s stock worth $1,570,000 after buying an additional 19,527 shares during the period. GAMMA Investing LLC bought a new position in JPMorgan High Yield Municipal ETF in the third quarter worth approximately $46,000. Prentice Wealth Management LLC grew its stake in JPMorgan High Yield Municipal ETF by 28.8% in the third quarter. Prentice Wealth Management LLC now owns 92,257 shares of the company’s stock valued at $4,707,000 after acquiring an additional 20,627 shares during the period. Finally, StoneCrest Wealth Management Inc. bought a new stake in shares of JPMorgan High Yield Municipal ETF during the third quarter valued at approximately $601,000.

JPMorgan High Yield Municipal ETF Trading Up 0.1 %

Shares of JMHI opened at $50.58 on Tuesday. The business’s fifty day moving average is $50.50 and its 200 day moving average is $50.52. JPMorgan High Yield Municipal ETF has a 12-month low of $48.92 and a 12-month high of $51.16.

JPMorgan High Yield Municipal ETF Company 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.