Allworth Financial LP Cuts Holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Allworth Financial LP cut its position in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 77.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,834 shares of the company’s stock after selling 13,514 shares during the quarter. Allworth Financial LP owned approximately 0.11% of JPMorgan High Yield Municipal ETF worth $194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its holdings in JPMorgan High Yield Municipal ETF by 249.0% during the fourth quarter. AdvisorNet Financial Inc now owns 40,865 shares of the company’s stock worth $2,052,000 after purchasing an additional 29,155 shares during the last quarter. Independent Wealth Network Inc. purchased a new position in JPMorgan High Yield Municipal ETF during the fourth quarter worth about $1,655,000. Investment Planning Advisors Inc. boosted its stake 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 acquiring an additional 5,932 shares during the last quarter. StoneCrest Wealth Management Inc. boosted its stake in JPMorgan High Yield Municipal ETF by 16.6% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 13,747 shares of the company’s stock valued at $690,000 after acquiring an additional 1,960 shares during the last quarter. Finally, Valued Retirements Inc. purchased a new position in JPMorgan High Yield Municipal ETF in the third quarter valued at about $599,000.

JPMorgan High Yield Municipal ETF Trading Up 0.2 %

JMHI opened at $51.04 on Friday. JPMorgan High Yield Municipal ETF has a twelve month low of $48.92 and a twelve month high of $51.16. The company’s 50-day moving average price is $50.50 and its two-hundred day moving average price is $50.60.

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.