Hennion & Walsh Asset Management Inc. Purchases 23,737 Shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY)

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) by 48.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,995 shares of the company’s stock after acquiring an additional 23,737 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.10% of First Trust New York Municipal High Income ETF worth $1,995,000 at the end of the most recent reporting period.

Separately, Magnus Financial Group LLC boosted its stake in shares of First Trust New York Municipal High Income ETF by 0.4% during the 3rd quarter. Magnus Financial Group LLC now owns 161,830 shares of the company’s stock worth $4,423,000 after acquiring an additional 631 shares in the last quarter.

First Trust New York Municipal High Income ETF Price Performance

Shares of FMNY stock opened at $26.84 on Friday. The stock’s 50 day simple moving average is $27.16 and its 200 day simple moving average is $26.94. First Trust New York Municipal High Income ETF has a twelve month low of $25.00 and a twelve month high of $27.43.

About First Trust New York Municipal High Income ETF

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.