Cetera Investment Advisers Has $1.57 Million Holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Cetera Investment Advisers increased its holdings in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 162.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 31,530 shares of the company’s stock after purchasing an additional 19,527 shares during the period. Cetera Investment Advisers owned 0.90% of JPMorgan High Yield Municipal ETF worth $1,570,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in JMHI. Massmutual Trust Co. FSB ADV acquired a new stake in JPMorgan High Yield Municipal ETF in the 1st quarter worth about $46,000. Prentice Wealth Management LLC lifted its position in shares of JPMorgan High Yield Municipal ETF by 211.3% during the 1st quarter. Prentice Wealth Management LLC now owns 47,108 shares of the company’s stock valued at $2,348,000 after acquiring an additional 31,975 shares during the period. Investment Planning Advisors Inc. acquired a new stake in shares of JPMorgan High Yield Municipal ETF during the 2nd quarter worth $1,065,000. Walkner Condon Financial Advisors LLC increased its position in shares of JPMorgan High Yield Municipal ETF by 5.4% in the second quarter. Walkner Condon Financial Advisors LLC now owns 8,961 shares of the company’s stock worth $446,000 after purchasing an additional 461 shares during the period. Finally, Confluence Wealth Services Inc. acquired a new position in JPMorgan High Yield Municipal ETF in the second quarter valued at about $338,000.

JPMorgan High Yield Municipal ETF Price Performance

JMHI stock opened at $50.57 on Tuesday. The company’s 50-day moving average price is $50.66 and its two-hundred day moving average price is $50.02. JPMorgan High Yield Municipal ETF has a 12 month low of $45.94 and a 12 month high of $51.04.

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.