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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
NF
126
NavPoint Financial
Minnesota
$4.21M +$2.08M +40,959 +98%
FCIM
127
Fairview Capital Investment Management
California
$4.18M +$518K +10,200 +14%
LL
128
LPWM LLC
Minnesota
$4.15M +$483K +9,520 +13%
EWS
129
Evergreen Wealth Solutions
Pennsylvania
$4.09M -$193K -3,800 -5%
JWM
130
Jupiter Wealth Management
Colorado
$4.08M
CM
131
Capital Management
Virginia
$4.07M -$211K -4,159 -5%
T
132
Transce3nd
Texas
$4.05M +$744K +14,651 +23%
PWM
133
Perigon Wealth Management
California
$3.8M -$6.65M -130,939 -64%
MWA
134
Mills Wealth Advisors
Texas
$3.73M -$2.13M -41,877 -36%
PA
135
Perennial Advisors
New York
$3.7M -$169K -3,339 -4%
EFL
136
ERn Financial LLC
Wisconsin
$3.68M +$143K +2,820 +4%
SAI
137
Savvy Advisors Inc
New York
$3.57M +$2.7M +53,123 +312%
SFM
138
Signet Financial Management
New Jersey
$3.55M -$161K -3,163 -4%
SWP
139
Stratos Wealth Partners
Ohio
$3.5M +$1.09M +21,388 +45%
TBWA
140
Three Bridge Wealth Advisors
California
$3.5M -$23.5K -463 -0.7%
KMWM
141
Keudell/Morrison Wealth Management
Oregon
$3.48M +$1.42M +28,016 +70%
SFG
142
Sterling Financial Group
California
$3.42M +$44K +866 +1%
SFGP
143
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$3.38M -$81.6K -1,607 -2%
KCM
144
KM Capital Management
Texas
$3.26M +$1.18M +23,181 +57%
GLLW
145
Graves Light Lenhart Wealth
Virginia
$3.21M +$73K +1,439 +2%
DAS
146
Dynamic Advisor Solutions
Arizona
$3.18M +$15.4K +303 +0.5%
EFS
147
Essex Financial Services
Connecticut
$3.15M +$1.58M +31,181 +102%
SFG
148
Sunburst Financial Group
Alabama
$3.14M -$128K -2,514 -4%
MWM
149
Modern Wealth Management
Kansas
$3.13M -$387K -7,623 -11%
SA
150
Sanctuary Advisors
Indiana
$3.02M +$298K +5,878 +11%

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.