McNamara Financial Services Inc. Makes New Investment in JPMorgan Sustainable Municipal Income ETF $JMSI

McNamara Financial Services Inc. bought a new position in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,300 shares of the company’s stock, valued at approximately $558,000. McNamara Financial Services Inc. owned about 0.19% of JPMorgan Sustainable Municipal Income ETF as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Benchmark Wealth Management LLC bought a new position in JPMorgan Sustainable Municipal Income ETF in the second quarter worth about $376,000. Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Sustainable Municipal Income ETF by 224.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 16,495 shares of the company’s stock worth $813,000 after acquiring an additional 11,417 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of JPMorgan Sustainable Municipal Income ETF by 14.7% in the first quarter. NewEdge Advisors LLC now owns 15,406 shares of the company’s stock valued at $767,000 after purchasing an additional 1,970 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 4.3% during the first quarter. EP Wealth Advisors LLC now owns 315,156 shares of the company’s stock valued at $15,695,000 after buying an additional 13,056 shares during the last quarter. Finally, Betterment LLC raised its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 60.1% during the first quarter. Betterment LLC now owns 736,344 shares of the company’s stock valued at $36,670,000 after buying an additional 276,315 shares during the last quarter.

JPMorgan Sustainable Municipal Income ETF Stock Up 0.3%

JMSI opened at $50.26 on Monday. The business’s 50 day moving average is $49.72 and its 200-day moving average is $49.37. JPMorgan Sustainable Municipal Income ETF has a twelve month low of $47.72 and a twelve month high of $51.00.

JPMorgan Sustainable Municipal Income ETF 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.