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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
RDFA
101
Ritter Daniher Financial Advisory
Ohio
$3.5M -$828K -16,357 -19%
Cambridge Investment Research Advisors
102
Cambridge Investment Research Advisors
Iowa
$3.48M -$1.14M -22,451 -25%
FAG
103
Financial Advisory Group
Texas
$3.41M -$388K -7,660 -10%
GGS
104
Galvin Gaustad & Stein
Arizona
$3.38M -$92.1K -1,820 -3%
EWA
105
Encompass Wealth Advisors
Oregon
$3.36M +$33.2K +655 +1%
RCM
106
Requisite Capital Management
Texas
$3.35M +$63.4K +1,252 +2%
JWBC
107
John W. Brooker & Co
California
$3.34M -$395K -7,812 -11%
GRP
108
Global Retirement Partners
California
$3.33M +$138K +2,721 +4%
HWP
109
Highline Wealth Partners
California
$3.32M +$205K +4,055 +7%
3LCM
110
3D/L Capital Management
Connecticut
$3.25M -$659K -13,023 -17%
NA
111
NewEdge Advisors
Louisiana
$3.2M +$609K +12,035 +24%
LPT
112
Legacy Private Trust
Wisconsin
$3.17M +$2.88M +56,987 +1,032%
DIA
113
Davidson Investment Advisors
Montana
$3.14M -$1.29M -25,503 -29%
VPP
114
Vertex Planning Partners
Illinois
$3.09M -$923K -18,243 -23%
PGFC
115
Peapack-Gladstone Financial Corp
New Jersey
$3.03M -$45K -890 -1%
FWA
116
FSM Wealth Advisors
Ohio
$2.87M +$516K +10,185 +22%
BL
117
BFSG LLC
California
$2.73M -$278K -5,490 -9%
BIAS
118
Beacon Investment Advisory Services
New Jersey
$2.69M -$149K -2,951 -5%
AFG
119
Albion Financial Group
Utah
$2.67M -$278K -5,495 -9%
MIS
120
Morningstar Investment Services
Illinois
$2.63M -$426K -8,410 -14%
BWM
121
Baystate Wealth Management
Massachusetts
$2.6M +$36.7K +726 +1%
NFP
122
Narus Financial Partners
Utah
$2.59M -$716K -14,154 -22%
CCMG
123
Clark Capital Management Group
Pennsylvania
$2.54M +$2.54M +50,223 New
PSIWM
124
Paradigm Strategies in Wealth Management
Minnesota
$2.49M +$1.24M +24,432 +99%
FFN
125
Focus Financial Network
Minnesota
$2.42M +$675K +13,340 +39%

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.