Capital Asset Advisory Services LLC Acquires Shares of 165,575 JPMorgan High Yield Municipal ETF $JMHI

Capital Asset Advisory Services LLC bought a new position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 165,575 shares of the company’s stock, valued at approximately $8,327,000. Capital Asset Advisory Services LLC owned approximately 3.07% of JPMorgan High Yield Municipal ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Optima Capital LLC acquired a new stake in shares of JPMorgan High Yield Municipal ETF in the fourth quarter valued at approximately $40,000. Stone House Investment Management LLC acquired a new position in JPMorgan High Yield Municipal ETF during the fourth quarter worth $45,000. Global Retirement Partners LLC acquired a new position in JPMorgan High Yield Municipal ETF during the fourth quarter worth $100,000. Ameriflex Group Inc. grew its holdings in JPMorgan High Yield Municipal ETF by 127.0% in the 3rd quarter. Ameriflex Group Inc. now owns 3,635 shares of the company’s stock valued at $184,000 after buying an additional 2,034 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in JPMorgan High Yield Municipal ETF in the 4th quarter valued at $220,000.

JPMorgan High Yield Municipal ETF Stock Down 0.4%

Shares of JMHI opened at $50.44 on Thursday. JPMorgan High Yield Municipal ETF has a 52-week low of $48.74 and a 52-week high of $51.19. The stock has a fifty day simple moving average of $50.15 and a two-hundred day simple moving average of $50.28.

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. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.