Independent Wealth Network Inc. Acquires New Stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Independent Wealth Network Inc. acquired a new stake in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 32,946 shares of the company’s stock, valued at approximately $1,655,000.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the 3rd quarter worth $46,000. Rosenberg Matthew Hamilton increased its holdings in shares of JPMorgan High Yield Municipal ETF by 95.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,131 shares of the company’s stock worth $160,000 after purchasing an additional 1,525 shares in the last quarter. GGM Financials LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the 3rd quarter worth $233,000. SignalPoint Asset Management LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the 4th quarter worth $352,000. Finally, Valued Retirements Inc. bought a new stake in shares of JPMorgan High Yield Municipal ETF in the third quarter worth $599,000.

JPMorgan High Yield Municipal ETF Stock Up 0.2 %

Shares of JMHI opened at $50.53 on Thursday. JPMorgan High Yield Municipal ETF has a one year low of $48.87 and a one year high of $51.16. The business has a fifty day moving average of $50.50 and a 200 day moving average of $50.51.

About JPMorgan High Yield Municipal ETF

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.