JPMorgan Ultra-Short Municipal Income ETF
JMST
199 hedge funds and large institutions have $964M invested in JPMorgan Ultra-Short Municipal Income ETF in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 88 increasing their positions, 45 reducing their positions, and 14 closing their positions.
229% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 14
96% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 45
46% more capital invested
Capital invested by funds: $662M → $964M (+$302M)
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
18% more funds holding
Funds holding: 168 → 199 (+31)
3.72% more ownership
Funds ownership: 59.67% → 63.39% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Corbenic Partners
Bethlehem,
Pennsylvania
|
+$102M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$30.9M |
| 3 |
TC
TownSquare Capital
Provo,
Utah
|
+$27.4M |
| 4 |
Jane Street
New York
|
+$15.9M |
| 5 |
HB
Homrich & Berg
Atlanta,
Georgia
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.86M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.36M |
| 3 |
CG
CFO4Life Group
Coppell,
Texas
|
-$4.33M |
| 4 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
-$3M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.55M |
JMST Hedge Fund Activity: Q1 2021 in Review
199 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q1 2021, worth a combined $964M — up 46% from $662M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new JMST positions and 14 closed out — a net gain of 32 holders — while 88 added to existing stakes and 45 trimmed.
The largest buyer was Corbenic Partners, adding an estimated $102M. The largest seller was Commonwealth Equity Services, cutting an estimated $5.86M.
- 199 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q1 2021, up from 168 in Q4 2020.
- Funds reported $964M of JPMorgan Ultra-Short Municipal Income ETF stock for Q1 2021, up 46% quarter-over-quarter.
- 46 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q1 2021 and 14 closed out, a net change of +32 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q1 2021 was Corbenic Partners, an estimated $102M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q1 2021 was Commonwealth Equity Services, an estimated $5.86M sold.
Based on aggregated 13F filings for Q1 2021.