Hennion & Walsh Asset Management Inc. Buys 26,765 Shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY)

Hennion & Walsh Asset Management Inc. increased its stake in First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) by 161.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,303 shares of the company’s stock after buying an additional 26,765 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 8.66% of First Trust New York Municipal High Income ETF worth $1,168,000 as of its most recent SEC filing.

Separately, Magnus Financial Group LLC boosted its holdings in First Trust New York Municipal High Income ETF by 14.2% during the 4th quarter. Magnus Financial Group LLC now owns 170,454 shares of the company’s stock valued at $4,625,000 after acquiring an additional 21,142 shares during the period.

First Trust New York Municipal High Income ETF Trading Up 0.1 %

FMNY stock opened at $26.79 on Monday. First Trust New York Municipal High Income ETF has a twelve month low of $25.00 and a twelve month high of $27.24. The business’s fifty day simple moving average is $26.74 and its two-hundred day simple moving average is $26.92.

About First Trust New York Municipal High Income ETF

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes.