Ascentis Independent Advisors Buys New Holdings in JPMorgan Sustainable Municipal Income ETF $JMSI

Ascentis Independent Advisors purchased a new position in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) during the first quarter, Holdings Channel reports. The fund purchased 48,969 shares of the company’s stock, valued at approximately $2,436,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMSI. Allworth Financial LP increased its stake in shares of JPMorgan Sustainable Municipal Income ETF by 77.7% in the fourth quarter. Allworth Financial LP now owns 1,370 shares of the company’s stock worth $69,000 after buying an additional 599 shares during the period. NewEdge Advisors LLC increased its position in shares of JPMorgan Sustainable Municipal Income ETF by 4.4% in the fourth quarter. NewEdge Advisors LLC now owns 17,147 shares of the company’s stock valued at $864,000 after acquiring an additional 730 shares during the period. CPC Advisors LLC raised its stake in shares of JPMorgan Sustainable Municipal Income ETF by 3.3% during the first quarter. CPC Advisors LLC now owns 32,411 shares of the company’s stock valued at $1,612,000 after acquiring an additional 1,030 shares during the last quarter. Triumph Capital Management bought a new position in shares of JPMorgan Sustainable Municipal Income ETF during the third quarter valued at about $64,000. Finally, GGM Financials LLC purchased a new stake in shares of JPMorgan Sustainable Municipal Income ETF during the fourth quarter worth about $75,000.

JPMorgan Sustainable Municipal Income ETF Stock Down 0.1%

JMSI opened at $50.28 on Tuesday. JPMorgan Sustainable Municipal Income ETF has a one year low of $48.79 and a one year high of $51.35. The business has a 50 day simple moving average of $50.15 and a two-hundred day simple moving average of $50.35.

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.