First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. raised its holdings in shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,837 shares of the company’s stock after buying an additional 7,842 shares during the period. Hennion & Walsh Asset Management Inc. owned about 0.12% of First Trust New York Municipal High Income ETF worth $2,154,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. lifted its position in First Trust New York Municipal High Income ETF by 181.8% during the third quarter. JPMorgan Chase & Co. now owns 5,159 shares of the company’s stock valued at $141,000 after buying an additional 3,328 shares in the last quarter.

First Trust New York Municipal High Income ETF Stock Up 0.1 %

Shares of FMNY stock opened at $26.59 on Friday. First Trust New York Municipal High Income ETF has a fifty-two week low of $26.31 and a fifty-two week high of $27.43. The firm’s 50 day moving average price is $26.84 and its two-hundred day moving average price is $26.98.

First Trust New York Municipal High Income ETF Profile

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes.