Beacon Harbor Wealth Advisors Inc. Makes New $1.93 Million Investment in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Beacon Harbor Wealth Advisors Inc. acquired a new position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 38,947 shares of the company’s stock, valued at approximately $1,932,000.

A number of other large investors have also modified their holdings of JMHI. Cora Capital Advisors LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth about $386,000. Signaturefd LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth about $99,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth about $31,000. Walkner Condon Financial Advisors LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth about $337,000. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of JPMorgan High Yield Municipal ETF during the fourth quarter worth about $25,000.

JPMorgan High Yield Municipal ETF Stock Up 0.1 %

Shares of JMHI stock traded up $0.04 on Thursday, reaching $49.02. 4,954 shares of the company were exchanged, compared to its average volume of 12,629. The business has a 50-day moving average price of $49.55 and a 200 day moving average price of $48.91. JPMorgan High Yield Municipal ETF has a 1 year low of $45.94 and a 1 year high of $50.23.

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.