Boyum Wealth Architects LLC Buys 34,472 Shares of JPMorgan High Yield Municipal ETF $JMHI

Boyum Wealth Architects LLC raised its stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 671.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,604 shares of the company’s stock after acquiring an additional 34,472 shares during the period. JPMorgan High Yield Municipal ETF makes up 1.2% of Boyum Wealth Architects LLC’s portfolio, making the stock its 15th largest holding. Boyum Wealth Architects LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $2,000,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan High Yield Municipal ETF during the second quarter valued at about $440,000. Raymond James Financial Inc. grew its holdings in JPMorgan High Yield Municipal ETF by 78.5% during the 2nd quarter. Raymond James Financial Inc. now owns 42,065 shares of the company’s stock valued at $2,094,000 after buying an additional 18,497 shares in the last quarter. Beacon Pointe Advisors LLC bought a new stake in JPMorgan High Yield Municipal ETF in the 2nd quarter worth approximately $204,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan High Yield Municipal ETF by 22.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 126,726 shares of the company’s stock worth $6,308,000 after acquiring an additional 23,129 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan High Yield Municipal ETF by 15.6% during the 2nd quarter. Cetera Investment Advisers now owns 277,619 shares of the company’s stock valued at $13,820,000 after acquiring an additional 37,553 shares during the last quarter.

JPMorgan High Yield Municipal ETF Price Performance

JMHI stock opened at $50.27 on Tuesday. The firm has a fifty day moving average price of $50.53 and a 200 day moving average price of $49.89. JPMorgan High Yield Municipal ETF has a fifty-two week low of $47.45 and a fifty-two week high of $51.50.

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.