JPMorgan High Yield Municipal ETF (JMHI) ETF

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About

No description available.

Exchange: ARCX
Inception: 2007-09-17
Has Options: No

Fund profile

holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings

Municipal Bond High Yield Muni#11 of 25 by assets JPMorgan US Actively managed

Expense ratio: 0.35%
Assets: $301M
Trailing yield: 4.63%
Average daily volume: $6.2M
Holdings: 268
Listed: Jul 14, 2023
Net asset value: $47.46
30-day SEC yield: 4.82%
Return on NAV, 1 year: −2.6%
Distributions, 12 months: $2.20 a share
Closure risk, 12 months: 0.5%

FrenzyCap ETF score

54

how it is built

Cost25

Liquidity60

Scale55

Diversification100

Moves with. Long Treasuries (32% of its variance, beta 0.27); US large-cap stocks (4% of its variance, beta 0.04). These factors explain 36% of its daily moves over the last year.

Stated objective. The Fund seeks a high level of current income exempt from federal income taxes. (from the fund's prospectus)

All 268 holdings Flow history Overlap tool All High Yield Muni ETFs

Fund flows

daily as of Oct 19, 2026issuer datathrough May 2026SEC filings

Oct 19, 2026: $0
Latest 5 trading days: $0
Year to date: $0

Each day

Net creations of JMHI by day, Oct 12, 2026 to Oct 19, 2026
Day	Net flow
Oct 19, 2026	$0
Oct 16, 2026	$0
Oct 15, 2026	$0
Oct 14, 2026	$0
Oct 13, 2026	$0
Oct 12, 2026	$0

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

May 2026: +$7.5M
Latest 3 months: +$25M
Latest 12 months: +$75M

View as a table

Net flows of JMHI by month, Jun 2025 to May 2026
Month	Net flow
May 2026	+$7.5M
Apr 2026	−$1K
Mar 2026	+$17M
Feb 2026	+$5.1M
Jan 2026	+$7.6M
Dec 2025	+$7.6M
Nov 2025	+$2.5M
Oct 2025	+$7.6M
Sep 2025	+$2.5M
Aug 2025	+$17M
Jul 2025	+$2.5M
Jun 2025	−$2.5M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 36 months ago

Similar funds

Fund	Overlap	Fee	Assets	1Y
HYDVanEck High Yield Muni ETF	—	0.32%	$4.4B	−4.7%	compare
HYMBState Street SPDR Nuveen ICE High Yield Municipal Bond ETF	—	0.35%	$3.8B	−6.6%	compare
HIMUiShares High Yield Muni Active ETF	—	0.39%	$2.6B	−6.3%	compare
BMOPBNY Mellon Municipal Opportunities ETF	—	0.54%	$1.8B	—	compare
FMHIFirst Trust Municipal High Income ETF	—	0.70%	$1.0B	−5.5%	compare

The largest other funds in the High Yield Muni category.

Under the hood

fiscal year to Feb 28, 2026SEC census

Authorized participants: 6 active
Created · redeemed: $57M · $7.4M
Redemptions in kind: 0%
Creation unit: 50,000
Securities lending: authorized, none lent

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile

holdings as of 2026-10-21

Holdings

268

AUM

$301.7M

Provider

JPMorgan

Inception

2023-07-14

Exchange

ARCX

Data As Of

2026-10-21

Expense Ratio

0.35%

Dividend Yield

4.62%

Distribution

Monthly

Recent distributions

Ex-Date	Pay Date	Amount	Type
2026-10-01	2026-10-05	$0.1820	CD
2026-09-01	2026-09-03	$0.1844	CD
2026-08-03	2026-08-05	$0.1770	CD
2026-07-01	2026-07-06	$0.1869	CD
2026-06-01	2026-06-03	$0.1863	CD
2026-05-01	2026-05-05	$0.1937	CD

Asset Allocation

Top Holdings

top 50 of 268 holdings

Symbol	Name	Weight %	Asset Class	Country
—	JPMI TAX FREE MMKTF IM	3.52%	Cash/Money Market	US
—	PUBLIC FIN 5.75% 12/65	1.29%	Municipal Bond	US
—	NEW YORK N Y VAR 09/49	1.26%	Municipal Bond	US
—	BUCKEYE OHIO TOB 5% 06/55	1.19%	Municipal Bond	US
—	LOUISIANA PUB 5.75% 09/64	0.99%	Municipal Bond	US
—	BLACK BELT VAR 06/51	0.97%	Municipal Bond	US
—	GOLDEN ST TOB ZERO 06/66	0.96%	Municipal Bond	US
—	PUERTO RICO ZERO 07/46	0.95%	Municipal Bond	US
—	MONROE CNTY N Y 4% 07/50	0.93%	Municipal Bond	US
—	PUBLIC FIN AUTH 4% 11/42	0.91%	Municipal Bond	US
—	PUERTO RICO 4.784% 07/58	0.91%	Municipal Bond	US
—	MOBILE CNTY 4.75% 12/54	0.86%	Municipal Bond	US
—	PENNSYLVANIA 4% 05/53	0.82%	Municipal Bond	US
—	DETROIT MICH 5.5% 04/50	0.81%	Municipal Bond	US
—	TOBACCO 5% 06/46	0.81%	Municipal Bond	US
—	SPARTANBURG S 5.25% 04/56	0.72%	Municipal Bond	US
—	NEW JERSEY 5% 01/40	0.71%	Municipal Bond	US
—	BLACK BELT 5.5% 04/36	0.69%	Municipal Bond	US
—	FLORIDA ST RIGHT 4% 07/48	0.69%	Municipal Bond	US
—	BLACK BELT VAR 06/49	0.69%	Municipal Bond	US
—	SHELBY CNTY 5.5% 10/39	0.69%	Municipal Bond	US
—	TEXAS MUN GAS 5% 01/36	0.67%	Municipal Bond	US
—	TOBACCO 5% 06/36	0.67%	Municipal Bond	US
—	PUBLIC FIN 5.75% 07/54	0.66%	Municipal Bond	US
—	CHICAGO ILL O 5.5% 01/53	0.66%	Municipal Bond	US
—	CALIFORNIA 5.25% 12/56	0.65%	Municipal Bond	US
—	CALIFORNIA VAR 01/65	0.65%	Municipal Bond	US
—	MAIN STR NAT VAR 06/53	0.65%	Municipal Bond	US
—	ILLINOIS ST 5.25% 09/47	0.64%	Municipal Bond	US
—	JEFFERSON 5.25% 10/49	0.64%	Municipal Bond	US
—	NEW YORK N Y 5.25% 12/31	0.64%	Municipal Bond	US
—	NEW YORK 5.25% 01/50	0.63%	Municipal Bond	US
—	TSASC INC N Y 5% 06/48	0.63%	Municipal Bond	US
—	VANCOUVER 4.25% 02/38	0.63%	Municipal Bond	US
—	LOUISIANA PUB 5.5% 09/59	0.63%	Municipal Bond	US
—	NEW YORK ST 5.25% 07/50	0.62%	Municipal Bond	US
—	GOLDEN ST TOB 5% 06/51	0.62%	Municipal Bond	US
—	HARRIS CNTY TEX 4% 08/49	0.55%	Municipal Bond	US
—	CHICAGO ILL GO 5% 01/43	0.55%	Municipal Bond	US
—	PUERTO RICO 4% 07/46	0.54%	Municipal Bond	US
—	COLORADO HEALTH 4% 05/52	0.54%	Municipal Bond	US
—	PUERTO RICO 5% 07/58	0.54%	Municipal Bond	US
—	ALABAMA TOLL RD 6% 01/66	0.53%	Municipal Bond	US
—	OKLAHOMA DEV 5.5% 08/57	0.52%	Municipal Bond	US
—	JEFFERSON CNTY VAR 12/53	0.51%	Municipal Bond	US
—	NEW JERSEY 5% 10/39	0.50%	Municipal Bond	US
—	MICHIGAN ST 5.5% 11/56	0.50%	Municipal Bond	US
—	DENVER COLO CITY 4% 11/43	0.49%	Municipal Bond	US
—	NEW YORK ST 3.8% 08/32	0.49%	Municipal Bond	US
—	SOUTHEAST VAR 01/56	0.49%	Municipal Bond	US

Geographic Breakdown

Non-Equity Breakdown

JPMorgan High Yield Municipal ETF · NPORT-P period 2026-05-31 (filed 2026-07-28)

Net assets: $279M · 218 total positions · equity 0.00% · non-equity 100.73%

Non-equity holdings — 218 positions, 100.73% of NAV

Category	Weight	Value	Positions
Municipal	84.39%	$235.2M	200
Short-term investment	16.31%	$45.5M	16
Derivative (interest rate)	0.03%	$81942	2

Summary

—

composite

—

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart

Seasonality

Month	'23	'24	'25	'26	Avg
Jan	--	0.03%	1.30%	0.62%	0.65%
Feb	--	-0.20%	1.19%	1.21%	0.73%
Mar	--	0.24%	-1.55%	-1.91%	-1.07%
Apr	--	-0.85%	-1.06%	0.54%	-0.46%
May	--	0.65%	-0.53%	0.42%	0.18%
Jun	--	1.16%	1.04%	1.08%	1.09%
Jul	-1.52%	1.32%	-0.67%	-2.04%	-0.73%
Aug	-0.99%	0.65%	0.16%	0.10%	-0.02%
Sep	-2.17%	1.07%	2.91%	-4.18%	-0.59%
Oct	-1.78%	-0.98%	0.66%	1.55%*	-0.14%
Nov	6.15%	1.64%	0.70%	--	2.83%
Dec	1.77%	-1.55%	-0.49%	--	-0.09%
Total	1.21%	3.17%	3.63%	-2.73%	1.32%

* Only 4 year(s) of data available.

Technical Indicators

? Indicator Guide

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators

SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
+DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.

Momentum Oscillators

RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility

Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
ATR / True Range — average daily $ move; sizing and stop-loss reference.
HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $47.09

SMA 50: $48.19

SMA 200: $49.70

Current: $47.70

EMA 12: $47.35

EMA 26: $47.50

MACD: -0.1518 | Signal: 0.1751

BEARISH

ADX (14): 28.64

TREND

+DI: 24.71

−DI: 19.82

Momentum Oscillators

RSI (14): 53.88

NEUTRAL

Stoch %K: 92.26

Stoch %D: 91.66

Williams %R: -2.05

Volume & Volatility

BB Upper: $47.85

BB Lower: $46.32

NEUTRAL

OBV: 1,171,344

Vol SMA 20: 151,946

Vol ROC: -87.24%

ATR: $0.38

True Range: $0.20

HV 20: 9.1%

HV 30: 9.2%

HV 60: 7.2%

Data Summary

Data Points: 500

Last Updated: Oct 21, 5:15 PM ET

Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00

AI Analysis

LLM Stock Analysis Report: JMHI

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 7/10)

Key Drivers: Technical trends are range-bound, with no clear direction. Momentum oscillators indicate neutral sentiment.

Primary Risks: Low volatility and absence of recent significant news events pose a risk of limited price movement.

Investment Thesis: JMHI's current valuation is reasonable, but the stock's lack of momentum and low volatility reduce its attractiveness for aggressive investors.

Recent News Sentiment Impact: Positive headline about ETF flows in July has had no notable impact on the stock price.

Technical Analysis

Trend Direction: NEUTRAL (Short-term: range-bound; Medium-term: consolidation; Long-term: uptrend)

Support/Resistance Levels: SMA 20 and 50 serve as key support levels, while the upper Bollinger Band at $50.37 represents resistance.

Momentum Signals:

RSI interpretation: Neutral sentiment, with an RSI value of 59.93.
MACD signal: Bearish momentum due to a histogram reading of -0.04.
Bollinger Bands position: Neutral, as the price is within the band's middle line.

Volume Analysis: Low volume and a negative OBV indicate selling pressure in the short term.

News & Sentiment Analysis

Recent Headlines Summary: A single positive news headline about ETF flows in July.

Sentiment Assessment: Positive sentiment due to recent market rally.

Catalyst Identification: No significant upcoming events or earnings announcements are scheduled.

Market Narrative: The stock's price movement has been influenced by broader market trends, with no notable divergences from its technical signals.

Risk & Volatility Assessment

Beta Interpretation: Low risk, as the beta is 0.07 (vs SPY).

Volatility Regime: Low volatility regime, with a historical volatility reading of HV30 3.8%.

Options Market Signals: No options data available.

Downside Protection: Support levels at SMA 20 and 50 provide protection against potential declines.

Market Context & Positioning

Sector Performance: JMHI's sector has performed relatively well in the short term.

Institutional Activity: Low institutional interest is reflected in low volume and OBV readings.

Correlation Analysis: The stock has a positive correlation with the broader market (R-squared: 0.22).

Relative Valuation: Reasonable valuation within its trading range.

Key Levels & Action Items

Critical Price Levels: Support at SMA 20 ($49.98) and SMA 50 ($49.97); resistance at upper Bollinger Band ($50.37).

Breakout/Breakdown Levels: No clear breakout or breakdown levels are identified.

Time-Sensitive Catalysts: None scheduled.

Risk Management: Set stop-loss levels near support at SMA 20 and 50, considering position sizing to manage risk.

By analyzing the technical indicators, news sentiment, and market context, this report provides a comprehensive assessment of JMHI's current situation. The neutral executive summary reflects the stock's range-bound movement and low volatility. The report highlights key support and resistance levels, momentum signals, and volume analysis to inform investors' decisions.

Generated May 30, 3:01 AM ET

News

All JMHI news →

Filter Publishers:

MarketWatchT3·39mo ago

ETF flows in July point to a more balanced stock-market rally as mid- and small-cap funds start to outperform first-half winners

General

Earnings History

Earnings calendar: this week’s reports with expected vs actual moves →

JMHI Options Activity & IV Rank

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Options Chain

Loading options chain...

Spread Scanner GPU

Auto Refresh

? Score Guide Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)

Group 1 · Directional Bias (±0.25)

RSI <40 bullish / >60 bearish
MACD crossover + histogram trend
Price vs SMA 50 & SMA 200

Group 2 · Momentum (±0.10)

Stochastic %K <20 / >80
Williams %R <−80 / >−20

Group 3 · Volatility (up to −0.25 / +0.15)

Blended ATR + straddle expected-move penalty
Bollinger Band signal (+ counter-trend penalty)
BB width — vol contraction boost for ICs

Group 4 · IV Regime (±0.15)

IV rank ≥ 75 → strong boost for credit spreads
IV rank < 25 → penalty (selling cheap vol)

Group 5 · Liquidity (penalty up to −0.10)

Min open interest across all legs
OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning

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Loading dealer positioning…

Skew (Wing IV − ATM IV)

DTE:

Wing Δ:

Metric:

? What do these mean

Wing vs ATM

IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.

Risk Reversal

IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.

Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.

14 DTE / 10d —

— pts

ATM — / Wing —

30 DTE / 10d —

— pts

ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Skew Metrics per Expiry ? Guide

Risk Reversal (RR)

IV(10% OTM call) − IV(10% OTM put)

Measures the direction of skew — which side the market is paying up for. Expressed as a vol difference in percentage points.

−3% to −10% → mild to moderate put skew. Normal for most large-cap stocks — puts always carry some premium from portfolio hedging demand.
−10% to −20% → strong put skew. Elevated fear, heavy hedging, or an upcoming catalyst (earnings, macro event). Worth noting.
Below −20% → extreme put skew. Stress signal — market aggressively buying downside protection.
−3% to 0% → nearly symmetric. Rare for equities; means the market sees roughly equal up/down risk.
Positive → calls more expensive than puts. Unusual — signals strong upside momentum, short squeeze risk, or takeover speculation.

Butterfly (BF)

½ × (IV call + IV put) − IV ATM

Measures curvature — how much the wings are bid up relative to ATM. Always expressed as a positive number (wing premium). Think of it as the cost of a tail hedge above and beyond the ATM vol.

0% to 2% → flat smile. Market pricing near-normal return distribution, low tail risk.
2% to 5% → moderate wing premium. Some tail risk priced in — typical in earnings cycles or elevated VIX environments.
Above 5% → high curvature. Fat tails aggressively priced — market expects a large move but is uncertain of direction. Very common right before earnings.

Reading them together

RR	BF	Interpretation
-15%	+5%	Strong put skew + fat tails — fear or upcoming catalyst (earnings, FDA)
-5%	+1%	Normal mild put skew, calm market
-20%	+8%	Extreme fear — heavy hedging, major event risk
~0%	+2%	Balanced market, no strong directional bias
+5%	+3%	Call skew — bullish momentum or short squeeze risk

Expiry	DTE	ATM IV	25d Put IV	25d Call IV	Risk Reversal	Butterfly	Interpretation	Strategy Suggestions (hover for rationale)

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)

IV Rank (30 DTE)

Straddle Price (30 DTE)

Beta Analysis

Risk Metrics

Beta: 0.1135

Alpha: -7.77%

Correlation: 0.3161

R-Squared: 10.0%

Stock Volatility: 4.6%

Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days

Interpretation:
Low volatility - stock moves less than market

Beta & Alpha Over Time

Notable investors who own JMHI

Investor	Value	Share of their portfolio	Rank	Q/Q shares	Source

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

JMHI Institutional Ownership (13F)

Latest filings — 2026-09-30

? 13F Guide

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

Shares — long equity positions in this name, aggregated across share classes.
Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
% of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

66 filers2,480,152 shares$124.68M value

#	Filer	Shares	Value	% of Total	% of Float	Period
1	Cetera Investment Advisers Custodian	435,612	$22.06M	17.69%	—	2026-06-30
2	LPL Financial LLC Custodian	186,755	$9.46M	7.58%	—	2026-06-30
3	Capital Asset Advisory Services LLC	160,435	$8.12M	6.52%	—	2026-06-30
4	AXXCESS WEALTH MANAGEMENT, LLC	160,435	$8.12M	6.52%	—	2026-06-30
5	Jones Financial Companies LLLP Custodian	109,026	$5.51M	4.42%	—	2026-06-30
6	SEEDS INVESTOR LLC	93,682	$4.74M	3.80%	—	2026-06-30
7	Stewardship Advisors, LLC	92,022	$4.66M	3.74%	—	2026-06-30
8	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	99,026	$4.61M	3.70%	—	2026-09-30
9	Prentice Wealth Management LLC	86,116	$4.36M	3.50%	—	2026-06-30
10	UBS Group AG Custodian	82,582	$4.18M	3.35%	—	2026-06-30
11	GGM Financial LLC	60,854	$3.08M	2.47%	—	2026-06-30
12	COMMONWEALTH EQUITY SERVICES, LLC	58,611	$2.97M	2.38%	—	2026-06-30
13	JPMorgan Chase & Co Custodian	57,883	$2.93M	2.35%	—	2026-06-30
14	Northwestern Mutual Wealth Management Co	55,860	$2.83M	2.27%	—	2026-06-30
15	Royal Bank of Canada Custodian	52,998	$2.68M	2.15%	—	2026-06-30
16	BOYUM WEALTH ARCHITECTS LLC	54,457	$2.55M	2.04%	—	2026-09-30
17	OSAIC HOLDINGS, INC. Custodian	49,382	$2.50M	2.01%	—	2026-06-30
18	AdvisorNet Financial, Inc	51,730	$2.43M	1.95%	—	2026-09-30
19	Raymond James Financial, Inc. Custodian	44,975	$2.28M	1.83%	—	2026-06-30
20	NewEdge Advisors, LLC	32,834	$1.66M	1.33%	—	2026-06-30
21	Integrated Wealth Concepts LLC	31,357	$1.59M	1.27%	—	2026-06-30
22	Envestnet Asset Management, Inc.	30,500	$1.54M	1.24%	—	2026-06-30
23	Elequin Capital, LP	27,187	$1.38M	1.10%	—	2026-06-30
24	Walkner Condon Financial Advisors LLC	26,718	$1.35M	1.08%	—	2026-06-30
25	Susquehanna International Group, LLP Custodian	25,583	$1.30M	1.04%	—	2026-06-30

#	Filer	Notional Value	% of Total	Period

#	Filer	Notional Value	% of Total	Period

JMHI Insider Trading (Form 4)

Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.

Filed	Reporter	Role	Action	Shares	Avg Price	Net $	Link

Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

JMHI Proposed Insider Sales (Form 144)

Recent SEC Filings

Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).

Filing Date	Accession	Link

Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.

Filing Date	Accession	Link

Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.

Filing Date	Accession	Link

ETF Holders

#	ETF	Provider	Weight	$ Exposure	ETF AUM	As Of

Fundamentals

? Fundamentals Guide

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics

Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.

How to read the bars

Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
YoY growth — compare to the same quarter a year earlier to remove seasonality.
Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Valuation

? Valuation Guide

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples

P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
EV/Sales — like P/S but accounts for debt + cash. Compare within sector.

Profitability & Yields

ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.

Balance Sheet

Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.

Reading the history chart

Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
Multiples expanding while earnings are flat = sentiment-driven rally.
Multiples compressing while earnings grow = value coming from fundamentals.

Metric:

Short Interest & Float

? Short Interest Guide

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions

Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
SI % of Float — short interest / free float. The key crowding metric.
Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
Free Float — shares available for public trading (total shares minus insider / restricted).
Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.

How to read the signals

SI % of Float < 5% — typical, no particular signal.
5–15% — elevated; watch for catalysts (earnings, guidance, macro).
15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
>30% — extreme; borrow is likely expensive and squeeze risk is material.
Days to Cover > 5 combined with high SI% amplifies squeeze potential.

History chart

Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Metric:

Constituent Performance

Select Timeframe:

Click any bar to view the full quote for that stock.

Constituents

Symbol	Name	Weight %	Price	1 Day	1 Week	1 Month

JMHI JPMorgan High Yield Municipal ETF