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JPMorgan Ultra-Short Municipal Income ETF

32 hedge funds and large institutions have $64.5M invested in JPMorgan Ultra-Short Municipal Income ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,500% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 1

78% more funds holding

Funds holding: 1832 (+14)

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

41% more capital invested

Capital invested by funds: $45.6M → $64.5M (+$18.9M)

26.94% less ownership

Funds ownership: 86.39%59.46% (-27%)

Holders
32
Holders Change
+14
Holders Change %
+77.78%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
8
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$25.1M
3AM
2
3D Asset Management
Connecticut
$7.07M +$7.07M +140,273 New
SFG
3
Sage Financial Group
Pennsylvania
$4.02M -$128K -2,544 -3%
CM
4
Capital Management
Virginia
$3.67M -$119K -2,355 -3%
LPL Financial
5
LPL Financial
California
$3.13M +$2.9M +57,595 +1,268%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$2.78M +$2.77M +55,061 New
CPIG
7
Chicago Partners Investment Group
Illinois
$1.93M +$1.06K +21 +0.1%
CFG
8
Cooper Financial Group
California
$1.69M +$1.21M +23,970 +250%
CG
9
CFO4Life Group
Texas
$1.42M -$600K -11,915 -30%
Jane Street
10
Jane Street
New York
$1.3M -$236K -4,688 -15%
AF
11
Allworth Financial
California
$1.22M +$196K +3,885 +19%
SAM
12
Shamrock Asset Management
Texas
$1.2M +$1.2M +23,845 New
GC
13
Gratus Capital
Georgia
$1.03M +$1.03M +20,435 New
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$1.03M +$1.02M +20,335 New
PP
15
Palladium Partners
Virginia
$943K +$161K +3,200 +21%
WPSG
16
Wealth & Pension Services Group
Georgia
$849K +$249K +4,938 +41%
KA
17
Klingman & Associates
New York
$782K +$781K +15,500 New
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$704K +$118K +2,335 +20%
Citadel Advisors
19
Citadel Advisors
Florida
$696K +$695K +13,798 New
IA
20
IFG Advisory
Georgia
$660K +$645K +12,796 New
Bank of America
21
Bank of America
North Carolina
$559K +$184K +3,642 +49%
FCA
22
FinTrust Capital Advisors
South Carolina
$504K +$504K +10,000 New
RJFSA
23
Raymond James Financial Services Advisors
Florida
$416K +$416K +8,250 New
RAM
24
Redmond Asset Management
Virginia
$388K +$388K +7,700 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$283K -$1.91M -37,867 -87%

JMST Hedge Fund Activity: Q2 2019 in Review

32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2019, worth a combined $64.5M — up 41% from $45.6M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new JMST positions and 1 closed out — a net gain of 15 holders — while 8 added to existing stakes and 5 trimmed.

The largest buyer was 3D Asset Management, opening a new position worth an estimated $7.07M. The largest seller was Royal Bank of Canada, cutting an estimated $1.91M.

  • 32 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2019, up from 18 in Q1 2019.
  • Funds reported $64.5M of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2019, up 41% quarter-over-quarter.
  • 16 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2019 and 1 closed out, a net change of +15 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2019 was 3D Asset Management, an estimated $7.07M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2019 was Royal Bank of Canada, an estimated $1.91M sold.

Based on aggregated 13F filings for Q2 2019.