JPMorgan Chase & Co. Purchases 20,081 Shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

JPMorgan Chase & Co. lifted its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 28.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,846 shares of the company’s stock after purchasing an additional 20,081 shares during the quarter. JPMorgan Chase & Co. owned about 0.34% of NYLI MacKay Shields Municipal Intermediate ETF worth $2,235,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% in the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after purchasing an additional 922 shares during the period. Sunpointe LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at $208,000. Rockefeller Capital Management L.P. bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at $480,000. Synovus Financial Corp bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at $488,000. Finally, Jane Street Group LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at $547,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

MMIT opened at $24.06 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.76 and a 52 week high of $24.65. The business’s fifty day simple moving average is $24.18 and its 200 day simple moving average is $24.31.

About NYLI MacKay Shields Municipal Intermediate ETF

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.