GGM Financials LLC Has $1.83 Million Stock Position in JPMorgan High Yield Municipal ETF $JMHI

GGM Financials LLC grew its position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 432.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 36,771 shares of the company’s stock after buying an additional 29,870 shares during the period. GGM Financials LLC’s holdings in JPMorgan High Yield Municipal ETF were worth $1,830,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMHI. Private Trust Co. NA increased its stake in shares of JPMorgan High Yield Municipal ETF by 254.9% in the 2nd quarter. Private Trust Co. NA now owns 2,917 shares of the company’s stock valued at $145,000 after buying an additional 2,095 shares during the period. Peterson Wealth Advisors LLC acquired a new stake in shares of JPMorgan High Yield Municipal ETF during the first quarter worth $202,000. Private Advisor Group LLC acquired a new stake in shares of JPMorgan High Yield Municipal ETF during the first quarter worth $211,000. Rosenberg Matthew Hamilton grew its stake in shares of 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 worth $211,000 after purchasing an additional 1,108 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of JPMorgan High Yield Municipal ETF during the first quarter worth $224,000.

JPMorgan High Yield Municipal ETF Stock Up 0.1%

Shares of JPMorgan High Yield Municipal ETF stock opened at $50.84 on Tuesday. JPMorgan High Yield Municipal ETF has a 12 month low of $47.45 and a 12 month high of $51.50. The business has a fifty day simple moving average of $50.11 and a 200 day simple moving average of $49.64.

JPMorgan High Yield Municipal ETF Company 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.