Ellevest Inc. Purchases 12,874 Shares of JPMorgan Sustainable Municipal Income ETF $JMSI

Ellevest Inc. raised its position in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 10.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,876 shares of the company’s stock after buying an additional 12,874 shares during the quarter. JPMorgan Sustainable Municipal Income ETF comprises about 1.0% of Ellevest Inc.’s holdings, making the stock its 21st largest position. Ellevest Inc. owned about 1.98% of JPMorgan Sustainable Municipal Income ETF worth $6,997,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in JMSI. Rossby Financial LCC bought a new stake in shares of JPMorgan Sustainable Municipal Income ETF in the third quarter valued at $31,000. Allworth Financial LP purchased a new position in shares of JPMorgan Sustainable Municipal Income ETF in the third quarter valued at $39,000. Triumph Capital Management purchased a new position in shares of JPMorgan Sustainable Municipal Income ETF in the third quarter valued at $64,000. GGM Financials LLC purchased a new position in shares of JPMorgan Sustainable Municipal Income ETF in the fourth quarter valued at $75,000. Finally, IFP Advisors Inc grew its position in shares of JPMorgan Sustainable Municipal Income ETF by 1,540.0% in the third quarter. IFP Advisors Inc now owns 2,542 shares of the company’s stock valued at $128,000 after purchasing an additional 2,387 shares in the last quarter.

JPMorgan Sustainable Municipal Income ETF Stock Performance

Shares of NYSEARCA JMSI opened at $50.21 on Monday. JPMorgan Sustainable Municipal Income ETF has a fifty-two week low of $48.79 and a fifty-two week high of $51.35. The stock has a fifty day moving average of $50.00 and a 200-day moving average of $50.38.

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.