Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New Investment in JPMorgan Sustainable Municipal Income ETF $JMSI

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 29,933 shares of the company’s stock, valued at approximately $1,503,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Betterment LLC raised its stake in JPMorgan Sustainable Municipal Income ETF by 54.1% during the 2nd quarter. Betterment LLC now owns 1,134,628 shares of the company’s stock valued at $56,073,000 after purchasing an additional 398,284 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 224.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 16,495 shares of the company’s stock worth $813,000 after purchasing an additional 11,417 shares during the period. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Sustainable Municipal Income ETF during the second quarter valued at about $292,000. Seeds Investor LLC lifted its stake in shares of JPMorgan Sustainable Municipal Income ETF by 7.7% in the second quarter. Seeds Investor LLC now owns 91,533 shares of the company’s stock valued at $4,524,000 after buying an additional 6,576 shares during the period. Finally, Benchmark Wealth Management LLC bought a new stake in shares of JPMorgan Sustainable Municipal Income ETF in the second quarter valued at about $376,000.

JPMorgan Sustainable Municipal Income ETF Price Performance

JMSI stock opened at $50.60 on Friday. JPMorgan Sustainable Municipal Income ETF has a twelve month low of $47.72 and a twelve month high of $51.35. The business’s 50-day simple moving average is $50.44 and its 200 day simple moving average is $49.93.

JPMorgan Sustainable Municipal Income ETF Company 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. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.