JPMorgan High Yield Municipal ETF
JMHI
40 hedge funds and large institutions have $38.5M invested in JPMorgan High Yield Municipal ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 39 → 40 (+1)
0.1% more ownership
Funds ownership: 21.97% → 22.07% (+0.1%)
4% less capital invested
Capital invested by funds: $40.3M → $38.5M (-$1.81M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.68M |
| 2 |
PWM
Prentice Wealth Management
Rochester,
New York
|
+$1.58M |
| 3 |
Jane Street
New York
|
+$1.25M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.02M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWA
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
-$1.93M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.85M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$988K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$689K |
JMHI Hedge Fund Activity: Q1 2024 in Review
40 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in JPMorgan High Yield Municipal ETF (JMHI) for Q1 2024, worth a combined $38.5M — down 4.5% from $40.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new JMHI positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 14 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $1.68M. The largest seller was Beacon Harbor Wealth Advisors, exiting entirely with an estimated $1.93M sold.
- 40 institutional investors held JPMorgan High Yield Municipal ETF (JMHI) as of Q1 2024, up from 39 in Q4 2023.
- Funds reported $38.5M of JPMorgan High Yield Municipal ETF stock for Q1 2024, down 4.5% quarter-over-quarter.
- 6 funds opened new JPMorgan High Yield Municipal ETF positions in Q1 2024 and 5 closed out, a net change of +1 holder.
- The largest JPMorgan High Yield Municipal ETF buyer in Q1 2024 was Raymond James Financial Services Advisors, an estimated $1.68M added.
- The largest JPMorgan High Yield Municipal ETF seller in Q1 2024 was Beacon Harbor Wealth Advisors, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2024.