We are live on ! Find out more
JMST icon

JPMorgan Ultra-Short Municipal Income ETF

499 hedge funds and large institutions have $2.99B invested in JPMorgan Ultra-Short Municipal Income ETF in 2025 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 245 increasing their positions, 155 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 155

56% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 32

12% more capital invested

Capital invested by funds: $2.67B → $2.99B (+$316M)

2% more funds holding

Funds holding: 491499 (+8)

1.37% less ownership

Funds ownership: 75.29%73.92% (-1.4%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

Holders
499
Holders Change
+8
Holders Change %
+1.63%
% of All Funds
6.57%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.25%
New
50
Increased
245
Reduced
155
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cerity Partners
26
Cerity Partners
New York
$27.6M +$170K +3,340 +0.6%
CAMG
27
CWA Asset Management Group
Florida
$27M +$2.64M +52,087 +11%
GWM
28
Global Wealth Management
New Jersey
$26.7M +$380K +7,491 +1%
AC
29
AlphaCore Capital
California
$25.4M +$14.1M +278,288 +126%
Carson Wealth (CWM LLC)
30
Carson Wealth (CWM LLC)
Nebraska
$24.7M +$3.42M +67,330 +16%
HighTower Advisors
31
HighTower Advisors
Illinois
$23.3M +$1.27M +25,090 +6%
MA
32
MJP Associates
Connecticut
$23.3M +$4.31M +84,902 +23%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$23.2M +$2.75M +54,229 +14%
AO
34
Advisor OS
Illinois
$23.2M +$4.18M +82,267 +22%
FT
35
Fiduciary Trust
Massachusetts
$22.3M -$2.21M -43,541 -9%
NA
36
NewEdge Advisors
Louisiana
$21.8M +$8.37M +164,868 +63%
IWC
37
Integrated Wealth Concepts
Massachusetts
$21.7M -$533K -10,505 -2%
AWE
38
Avidian Wealth Enterprises
Texas
$21.7M -$8.13M -160,269 -27%
KeyBank National Association
39
KeyBank National Association
Ohio
$20.9M +$14.6M +288,213 +235%
Focus Partners Wealth
40
Focus Partners Wealth
Massachusetts
$20.6M -$1.3M -25,592 -6%
GSIS
41
Global Strategic Investment Solutions
Arizona
$20.2M -$391K -7,702 -2%
CCWA
42
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$20.1M +$1.23M +24,176 +7%
FLPIM
43
F.L. Putnam Investment Management
Massachusetts
$20.1M +$7.97M +156,975 +66%
Thrivent Financial for Lutherans
44
Thrivent Financial for Lutherans
Minnesota
$19M -$13.6M -268,900 -42%
TC
45
Trust Company
Kansas
$18.1M -$2.09M -41,091 -10%
CAPTRUST Financial Advisors
46
CAPTRUST Financial Advisors
North Carolina
$16.9M +$2M +39,473 +14%
Lido Advisors
47
Lido Advisors
California
$16.8M +$2.04M +40,205 +14%
MWM
48
MY Wealth Management
Maryland
$15.2M +$13.3M +261,462 +689%
Rockefeller Capital Management
49
Rockefeller Capital Management
New York
$13.7M +$7.99M +157,475 +142%
AWM
50
Axxcess Wealth Management
California
$13.4M +$5.26M +103,702 +65%

JMST Hedge Fund Activity: Q2 2025 in Review

499 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2025, worth a combined $2.99B — up 12% from $2.67B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new JMST positions and 32 closed out — a net gain of 18 holders — while 245 added to existing stakes and 155 trimmed.

The largest buyer was Grimes & Company, opening a new position worth an estimated $55.3M. The largest seller was Bailard, cutting an estimated $18.1M.

  • 499 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2025, up from 491 in Q1 2025.
  • Funds reported $2.99B of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2025, up 12% quarter-over-quarter.
  • 50 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2025 and 32 closed out, a net change of +18 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2025 was Grimes & Company, an estimated $55.3M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2025 was Bailard, an estimated $18.1M sold.

Based on aggregated 13F filings for Q2 2025.