JPMorgan Ultra-Short Municipal Income ETF
JMST
45 hedge funds and large institutions have $69.8M invested in JPMorgan Ultra-Short Municipal Income ETF in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
41% more funds holding
Funds holding: 32 → 45 (+13)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $64.5M → $69.8M (+$5.29M)
5.16% less ownership
Funds ownership: 59.46% → 54.29% (-5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$21.4M |
| 2 |
REMPR
Roof Eidam Maycock Peralta (REMP)
San Francisco,
California
|
+$2.37M |
| 3 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$1.56M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.35M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$25.1M |
| 2 |
PP
Palladium Partners
Norfolk,
Virginia
|
-$943K |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$900K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$827K |
| 5 |
KA
Klingman & Associates
New York
|
-$782K |
JMST Hedge Fund Activity: Q3 2019 in Review
45 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q3 2019, worth a combined $69.8M — up 8.2% from $64.5M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new JMST positions and 4 closed out — a net gain of 13 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $21.4M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $25.1M sold.
- 45 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q3 2019, up from 32 in Q2 2019.
- Funds reported $69.8M of JPMorgan Ultra-Short Municipal Income ETF stock for Q3 2019, up 8.2% quarter-over-quarter.
- 17 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q3 2019 and 4 closed out, a net change of +13 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q3 2019 was Flow Traders U.S., an estimated $21.4M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q3 2019 was JP Morgan Chase, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2019.