JPMorgan Ultra-Short Municipal Income ETF
JMST
225 hedge funds and large institutions have $1.1B invested in JPMorgan Ultra-Short Municipal Income ETF in 2021 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 100 increasing their positions, 57 reducing their positions, and 16 closing their positions.
169% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 16
75% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 57
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
14% more capital invested
Capital invested by funds: $964M → $1.1B (+$135M)
13% more funds holding
Funds holding: 199 → 225 (+26)
3.31% less ownership
Funds ownership: 63.39% → 60.08% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Auxano Advisors
Bellevue,
Washington
|
+$37.7M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$20M |
| 3 |
B
Bailard
Foster City,
California
|
+$18.9M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$12.6M |
| 5 |
HB
Homrich & Berg
Atlanta,
Georgia
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Corbenic Partners
Bethlehem,
Pennsylvania
|
-$37.6M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$23.5M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$9M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.94M |
| 5 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
-$3.38M |
JMST Hedge Fund Activity: Q2 2021 in Review
225 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2021, worth a combined $1.1B — up 14% from $964M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new JMST positions and 16 closed out — a net gain of 27 holders — while 100 added to existing stakes and 57 trimmed.
The largest buyer was Auxano Advisors, adding an estimated $37.7M. The largest seller was Corbenic Partners, cutting an estimated $37.6M.
- 225 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2021, up from 199 in Q1 2021.
- Funds reported $1.1B of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2021, up 14% quarter-over-quarter.
- 43 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2021 and 16 closed out, a net change of +27 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2021 was Auxano Advisors, an estimated $37.7M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2021 was Corbenic Partners, an estimated $37.6M sold.
Based on aggregated 13F filings for Q2 2021.