69,250 Shares in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Acquired by Seeds Investor LLC

Seeds Investor LLC acquired a new stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 69,250 shares of the company’s stock, valued at approximately $3,478,000. JPMorgan High Yield Municipal ETF makes up about 1.0% of Seeds Investor LLC’s holdings, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMHI. GAMMA Investing LLC boosted its stake in JPMorgan High Yield Municipal ETF by 165.4% in the fourth quarter. GAMMA Investing LLC now owns 2,389 shares of the company’s stock valued at $120,000 after acquiring an additional 1,489 shares during the last quarter. StoneCrest Wealth Management Inc. lifted its stake in shares of JPMorgan High Yield Municipal ETF by 16.6% in the 4th quarter. StoneCrest Wealth Management Inc. now owns 13,747 shares of the company’s stock valued at $690,000 after purchasing an additional 1,960 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan High Yield Municipal ETF by 15.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 21,484 shares of the company’s stock worth $1,079,000 after purchasing an additional 2,840 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of JPMorgan High Yield Municipal ETF by 138.0% during the fourth quarter. Jones Financial Companies Lllp now owns 6,034 shares of the company’s stock worth $303,000 after purchasing an additional 3,499 shares during the period. Finally, Investment Planning Advisors Inc. increased its holdings in JPMorgan High Yield Municipal ETF by 27.7% in the fourth quarter. Investment Planning Advisors Inc. now owns 27,316 shares of the company’s stock valued at $1,372,000 after purchasing an additional 5,932 shares during the last quarter.

JPMorgan High Yield Municipal ETF Price Performance

NYSEARCA:JMHI opened at $48.71 on Friday. JPMorgan High Yield Municipal ETF has a 1-year low of $47.45 and a 1-year high of $51.50. The business’s 50-day moving average price is $50.62 and its two-hundred day moving average price is $50.58.

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.