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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
TIM
76
Tortoise Investment Management
New York
$8.83M +$856K +16,860 +11%
CTA
77
Chesley Taft & Associates
Illinois
$8.36M +$1.6M +31,550 +24%
SFA
78
Sequoia Financial Advisors
Ohio
$8.23M -$115K -2,268 -1%
ACA
79
Aptus Capital Advisors
Alabama
$7.79M -$270K -5,323 -3%
RFC
80
Regions Financial Corp
Alabama
$7.35M -$622K -12,265 -8%
EWM
81
Elmwood Wealth Management
California
$7.21M +$973K +19,169 +16%
MFS
82
McNamara Financial Services
Massachusetts
$7.14M +$739K +14,560 +12%
BIAS
83
Beacon Investment Advisory Services
New Jersey
$7.08M +$1.74M +34,203 +33%
WIC
84
Whitegate Investment Counselors
New Hampshire
$6.99M +$2.6M +51,135 +59%
IA
85
Insight Advisors
Pennsylvania
$6.76M +$941K +18,531 +16%
BCI
86
Brinker Capital Investments
Pennsylvania
$6.66M -$262K -5,156 -4%
AWM
87
Apex Wealth Management
New Hampshire
$6.65M +$25.5K +503 +0.4%
CFG
88
Cooper Financial Group
California
$6.59M +$2.82M +55,649 +75%
Mercer Global Advisors
89
Mercer Global Advisors
Colorado
$6.35M +$638K +12,577 +11%
LPT
90
Legacy Private Trust
Wisconsin
$6.3M +$935K +18,418 +17%
EWA
91
EP Wealth Advisors
California
$6.28M +$790K +15,573 +14%
SCM
92
SOL Capital Management
Maryland
$6.13M +$558K +10,995 +10%
WFA
93
Websterrogers Financial Advisors
South Carolina
$6.08M -$175K -3,454 -3%
SAA
94
Southeast Asset Advisors
Georgia
$6.06M +$6.04M +119,039 New
WAP
95
Wealthcare Advisory Partners
Pennsylvania
$5.91M +$2.69M +52,996 +84%
AP
96
Appleton Partners
Massachusetts
$5.75M -$463K -9,130 -7%
PCG
97
Prosperity Consulting Group
Maryland
$5.69M -$968K -19,065 -15%
GIM
98
Goelzer Investment Management
Indiana
$5.61M +$2.31M +45,577 +71%
IA
99
IMZ Advisory
Florida
$5.6M +$422K +8,305 +8%
AFG
100
Albion Financial Group
Utah
$5.57M +$1.12M +22,110 +25%

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.