Cora Capital Advisors LLC Takes $386,000 Position in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI)

Cora Capital Advisors LLC purchased a new stake in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) during the 4th quarter, Holdings Channel reports. The firm purchased 7,787 shares of the company’s stock, valued at approximately $386,000.

A number of other hedge funds have also recently bought and sold shares of JMHI. Avantax Advisory Services Inc. acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 3rd quarter valued at $353,000. Walkner Condon Financial Advisors LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at $337,000. Wright Fund Management LLC acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at $585,000. Rosenberg Matthew Hamilton acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at $175,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at $31,000.

JPMorgan High Yield Municipal ETF Stock Down 0.1 %

Shares of JMHI traded down $0.03 during mid-day trading on Friday, reaching $49.24. The company had a trading volume of 17,567 shares, compared to its average volume of 12,848. The firm has a fifty day simple moving average of $49.56 and a 200-day simple moving average of $48.88. JPMorgan High Yield Municipal ETF has a fifty-two week low of $45.94 and a fifty-two week high of $50.23.

About JPMorgan High Yield Municipal ETF

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.