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JPMorgan Ultra-Short Municipal Income ETF

355 hedge funds and large institutions have $1.97B invested in JPMorgan Ultra-Short Municipal Income ETF in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 110 increasing their positions, 167 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $1.83B → $1.97B (+$138M)

2.35% more ownership

Funds ownership: 73.81%76.16% (+2.3%)

3% less funds holding

Funds holding: 366355 (-11)

21% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 42

24% less funds holding in top 10

Funds holding in top 10: 2519 (-6)

34% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 167

Holders
355
Holders Change
-11
Holders Change %
-3.01%
% of All Funds
5.57%
Holding in Top 10
19
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-24%
% of All Funds
0.3%
New
33
Increased
110
Reduced
167
Closed
42
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SWM
51
SigFig Wealth Management
California
$8.41M -$707K -13,975 -8%
MA
52
MJP Associates
Connecticut
$8.25M +$673K +13,293 +9%
IAN
53
Integrated Advisors Network
Texas
$7.71M -$351K -6,938 -4%
Stifel Financial
54
Stifel Financial
Missouri
$7.44M +$895K +17,686 +14%
WFA
55
Websterrogers Financial Advisors
South Carolina
$7.35M -$295K -5,819 -4%
TBWA
56
Three Bridge Wealth Advisors
California
$7.28M -$180K -3,552 -2%
MHR
57
Matthew Hamilton Rosenberg
$7.22M -$679K -13,407 -9%
CFG
58
Cooper Financial Group
California
$7.08M +$1.38M +27,249 +24%
RFC
59
Regions Financial Corp
Alabama
$6.98M +$340K +6,709 +5%
BOPW
60
Brandywine Oak Private Wealth
Pennsylvania
$6.92M -$622K -12,281 -8%
TCM
61
TD Capital Management
Tennessee
$6.81M -$699K -13,810 -9%
Truist Financial
62
Truist Financial
North Carolina
$6.59M -$523K -10,327 -7%
Franklin Resources
63
Franklin Resources
California
$6.56M -$548K -10,835 -8%
CC
64
Callan Capital
California
$6.48M +$1.2M +23,805 +23%
1WM
65
1900 Wealth Management
Texas
$6.34M +$6.33M +125,121 New
RJFSA
66
Raymond James Financial Services Advisors
Florida
$6.05M -$85.3K -1,685 -1%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$6.03M +$4.27M +84,265 +242%
AO
68
Advisor OS
Illinois
$6M +$4.81M +95,061 +408%
EWM
69
Elmwood Wealth Management
California
$5.92M +$278K +5,500 +5%
Royal Bank of Canada
70
Royal Bank of Canada
Ontario, Canada
$5.87M +$1.87M +36,957 +47%
CFO
71
Collective Family Office
Pennsylvania
$5.82M +$400K +7,900 +7%
FFG
72
Frisch Financial Group
New York
$5.74M +$554K +10,936 +11%
ZIC
73
ZWJ Investment Counsel
Georgia
$5.56M +$5.56M +109,863 New
Mercer Global Advisors
74
Mercer Global Advisors
Colorado
$5.43M -$2.82M -55,655 -34%
PP
75
PDS Planning
Ohio
$5.38M -$652K -12,874 -11%

JMST Hedge Fund Activity: Q2 2023 in Review

355 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2023, worth a combined $1.97B — up 7.6% from $1.83B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of JMST and 33 opened new positions — a net loss of 9 holders — while 167 trimmed existing stakes and 110 added.

The largest buyer was Fidelity Investments, adding an estimated $208M. The largest seller was Bank of America, cutting an estimated $28M.

  • 355 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2023, down from 366 in Q1 2023.
  • Funds reported $1.97B of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2023, up 7.6% quarter-over-quarter.
  • 33 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2023 and 42 closed out, a net change of -9 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2023 was Fidelity Investments, an estimated $208M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2023 was Bank of America, an estimated $28M sold.

Based on aggregated 13F filings for Q2 2023.