JPMorgan Ultra-Short Municipal Income ETF
JMST
432 hedge funds and large institutions have $2.22B invested in JPMorgan Ultra-Short Municipal Income ETF in 2024 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 191 increasing their positions, 134 reducing their positions, and 37 closing their positions.
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
43% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 134
12% more capital invested
Capital invested by funds: $1.98B → $2.22B (+$239M)
11% more funds holding in top 10
Funds holding in top 10: 19 → 21 (+2)
2% more funds holding
Funds holding: 424 → 432 (+8)
1.64% more ownership
Funds ownership: 73.99% → 75.63% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Salomon & Ludwin
Richmond,
Virginia
|
+$42.2M |
| 2 |
FWA
FSM Wealth Advisors
Cleveland,
Ohio
|
+$26.3M |
| 3 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$22.2M |
| 4 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$21.7M |
| 5 |
Renaissance Technologies
New York
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.1M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$15.7M |
| 3 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$12.9M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$6.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.6M |
JMST Hedge Fund Activity: Q3 2024 in Review
432 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q3 2024, worth a combined $2.22B — up 12% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new JMST positions and 37 closed out — a net gain of 16 holders — while 191 added to existing stakes and 134 trimmed.
The largest buyer was Salomon & Ludwin, adding an estimated $42.2M. The largest seller was Fidelity Investments, cutting an estimated $93.1M.
- 432 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q3 2024, up from 424 in Q2 2024.
- Funds reported $2.22B of JPMorgan Ultra-Short Municipal Income ETF stock for Q3 2024, up 12% quarter-over-quarter.
- 53 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q3 2024 and 37 closed out, a net change of +16 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q3 2024 was Salomon & Ludwin, an estimated $42.2M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q3 2024 was Fidelity Investments, an estimated $93.1M sold.
Based on aggregated 13F filings for Q3 2024.