LPL Financial LLC Grows Stock Holdings in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI)

LPL Financial LLC boosted its stake in shares of JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 9.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,835 shares of the company’s stock after purchasing an additional 1,614 shares during the quarter. LPL Financial LLC’s holdings in JPMorgan Sustainable Municipal Income ETF were worth $943,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Consolidated Planning Corp lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 1.5% in the fourth quarter. Consolidated Planning Corp now owns 21,981 shares of the company’s stock valued at $1,101,000 after purchasing an additional 330 shares in the last quarter. Mission Wealth Management LP raised its position in shares of JPMorgan Sustainable Municipal Income ETF by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 164,757 shares of the company’s stock worth $8,249,000 after purchasing an additional 750 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in JPMorgan Sustainable Municipal Income ETF by 59.3% in the 4th quarter. Jones Financial Companies Lllp now owns 10,468 shares of the company’s stock valued at $524,000 after buying an additional 3,895 shares in the last quarter. Wealth Architects LLC grew its holdings in JPMorgan Sustainable Municipal Income ETF by 36.9% during the 4th quarter. Wealth Architects LLC now owns 18,548 shares of the company’s stock valued at $929,000 after buying an additional 5,000 shares during the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in JPMorgan Sustainable Municipal Income ETF during the 4th quarter valued at $251,000.

JPMorgan Sustainable Municipal Income ETF Price Performance

NYSEARCA JMSI opened at $49.04 on Monday. JPMorgan Sustainable Municipal Income ETF has a fifty-two week low of $47.72 and a fifty-two week high of $51.17. The business has a fifty day moving average of $49.80 and a 200-day moving average of $50.18.

JPMorgan Sustainable Municipal Income ETF 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.