Prentice Wealth Management LLC Grows Holdings in JPMorgan High Yield Municipal ETF $JMHI

Prentice Wealth Management LLC boosted its position in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 8.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 122,166 shares of the company’s stock after acquiring an additional 9,557 shares during the period. JPMorgan High Yield Municipal ETF accounts for about 1.6% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Prentice Wealth Management LLC owned about 3.05% of JPMorgan High Yield Municipal ETF worth $6,081,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JMHI. Private Trust Co. NA increased its stake in shares of JPMorgan High Yield Municipal ETF by 254.9% in the second quarter. Private Trust Co. NA now owns 2,917 shares of the company’s stock worth $145,000 after purchasing an additional 2,095 shares in the last quarter. Peterson Wealth Advisors LLC bought a new position in JPMorgan High Yield Municipal ETF in the 1st quarter worth $202,000. Private Advisor Group LLC purchased a new stake in JPMorgan High Yield Municipal ETF in the 1st quarter worth $211,000. Rosenberg Matthew Hamilton raised its holdings in JPMorgan High Yield Municipal ETF by 35.4% during the second quarter. Rosenberg Matthew Hamilton now owns 4,239 shares of the company’s stock valued at $211,000 after acquiring an additional 1,108 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in shares of JPMorgan High Yield Municipal ETF in the first quarter valued at about $224,000.

JPMorgan High Yield Municipal ETF Stock Down 0.1%

NYSEARCA JMHI opened at $50.76 on Friday. JPMorgan High Yield Municipal ETF has a twelve month low of $47.45 and a twelve month high of $51.50. The business has a 50-day moving average price of $50.05 and a 200-day moving average price of $49.60.

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.