JMHI Stock Summary and Trading Ideas (J.P. Morgan Exchange-Traded Trust JPMorgan High Yield Municipal ETF | ARCA:JMHI)

The investment seeks a high level of current income exempt from federal income taxes. Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. It will invest in municipal securities of any maturity. As part of its investments in municipal securities, the fund will also have the ability to invest up to 100% of its total assets in below investment grade or unrated securities.

J.P. Morgan Exchange-Traded Trust JPMorgan High Yield Municipal ETF trades on the ARCA stock market under the symbol JMHI.

As of March 4, 2025, JMHI stock price declined to $51.24 with 37,282 million shares trading.

JMHI has a beta of 0.08, meaning it tends to be less sensitive to market movements. JMHI has a correlation of 0.07 to the broad based SPY ETF.

JMHI has a market cap of $207.54 million. This is considered a Small Cap stock.

JMHI has underperformed the market in the last year with a return of +7.4%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JMHI shares. However, JMHI has outperformed the market in the last 3 month and 2 week periods, returning +1.2% and +0.9%, while SPY returned -4.2% and -5.4%, respectively. This indicates JMHI has been having a stronger performance recently.

JMHI support price is $51.15 and resistance is $51.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JMHI shares will trade within this expected range on the day.