JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC cut its holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 42.6% during the fourth quarter, HoldingsChannel reports. The firm owned 1,416 shares of the company’s stock after selling 1,049 shares during the period. Venturi Wealth Management LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $71,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of JMHI. AdvisorNet Financial Inc boosted its holdings in shares of JPMorgan High Yield Municipal ETF by 249.0% in the fourth quarter. AdvisorNet Financial Inc now owns 40,865 shares of the company’s stock valued at $2,052,000 after acquiring an additional 29,155 shares in the last quarter. Independent Wealth Network Inc. purchased a new stake in shares of JPMorgan High Yield Municipal ETF in the fourth quarter valued at about $1,655,000. Investment Planning Advisors Inc. boosted its holdings in shares of 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 in the last quarter. StoneCrest Wealth Management Inc. boosted its holdings in shares of 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 in the last quarter. Finally, Valued Retirements Inc. purchased a new stake in shares of JPMorgan High Yield Municipal ETF in the third quarter valued at about $599,000.

JPMorgan High Yield Municipal ETF Stock Up 0.4 %

Shares of NYSEARCA:JMHI opened at $51.22 on Tuesday. JPMorgan High Yield Municipal ETF has a fifty-two week low of $48.92 and a fifty-two week high of $51.23. The firm’s 50-day simple moving average is $50.51 and its 200-day simple moving average is $50.61.

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.