JPMorgan Ultra-Short Municipal Income ETF
JMST
32 hedge funds and large institutions have $64.5M invested in JPMorgan Ultra-Short Municipal Income ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
78% more funds holding
Funds holding: 18 → 32 (+14)
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
41% more capital invested
Capital invested by funds: $45.6M → $64.5M (+$18.9M)
26.94% less ownership
Funds ownership: 86.39% → 59.46% (-27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$7.07M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.77M |
| 4 |
CFG
Cooper Financial Group
Irvine,
California
|
+$1.21M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.91M |
| 2 |
CG
CFO4Life Group
Coppell,
Texas
|
-$600K |
| 3 |
NCM
Northwest Capital Management
Lake Oswego,
Oregon
|
-$339K |
| 4 |
Jane Street
New York
|
-$236K |
| 5 |
SFG
Sage Financial Group
W. Conshohocken,
Pennsylvania
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWP
26
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $257K | – | – | – |
|
|
LA
27
LexAurum Advisors
Overland Park,
Kansas
| $252K | +$252K | +5,000 | New |
|
|
AF
28
Advisornet Financial
Minnetonka,
Minnesota
| $200K | +$199K | +3,957 | New |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| $174K | +$174K | +3,451 | New |
|
|
CFD
30
Creative Financial Designs
Kokomo,
Indiana
| $110K | +$110K | +2,184 | New |
|
31
Morgan Stanley
New York
| $54K | – | – | – |
|
|
AA
32
AlphaMark Advisors
Ft. Wright,
Kentucky
| $50K | +$50.4K | +1,000 | New |
|
|
NCM
33
Northwest Capital Management
Lake Oswego,
Oregon
| – | -$339K | -6,739 | Closed |
|
JMST Hedge Fund Activity: Q2 2019 in Review
32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2019, worth a combined $64.5M — up 41% from $45.6M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new JMST positions and 1 closed out — a net gain of 15 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was 3D Asset Management, opening a new position worth an estimated $7.07M. The largest seller was Royal Bank of Canada, cutting an estimated $1.91M.
- 32 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2019, up from 18 in Q1 2019.
- Funds reported $64.5M of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2019, up 41% quarter-over-quarter.
- 16 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2019 and 1 closed out, a net change of +15 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2019 was 3D Asset Management, an estimated $7.07M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2019 was Royal Bank of Canada, an estimated $1.91M sold.
Based on aggregated 13F filings for Q2 2019.