JPMorgan Ultra-Short Municipal Income ETF
JMST
405 hedge funds and large institutions have $1.97B invested in JPMorgan Ultra-Short Municipal Income ETF in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 143 increasing their positions, 152 reducing their positions, and 28 closing their positions.
75% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 28
4% more funds holding
Funds holding: 389 → 405 (+16)
2% less capital invested
Capital invested by funds: $2.01B → $1.97B (-$45.8M)
6% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 152
2.58% less ownership
Funds ownership: 76.94% → 74.37% (-2.6%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPWA
Great Point Wealth Advisors
Boston,
Massachusetts
|
+$7.99M |
| 2 |
SL
Salomon & Ludwin
Richmond,
Virginia
|
+$7.34M |
| 3 |
Bank of New York Mellon
New York
|
+$5.61M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.36M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$19.9M |
| 2 |
AC
Asio Capital
Lexington,
Kentucky
|
-$16.1M |
| 3 |
Renaissance Technologies
New York
|
-$10.8M |
| 4 |
AC
AlphaCore Capital
La Jolla,
California
|
-$9.34M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$7.84M |
JMST Hedge Fund Activity: Q1 2024 in Review
405 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q1 2024, worth a combined $1.97B — down 2.3% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new JMST positions and 28 closed out — a net gain of 21 holders — while 143 added to existing stakes and 152 trimmed.
The largest buyer was Great Point Wealth Advisors, opening a new position worth an estimated $7.99M. The largest seller was Bank of America, cutting an estimated $19.9M.
- 405 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q1 2024, up from 389 in Q4 2023.
- Funds reported $1.97B of JPMorgan Ultra-Short Municipal Income ETF stock for Q1 2024, down 2.3% quarter-over-quarter.
- 49 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q1 2024 and 28 closed out, a net change of +21 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q1 2024 was Great Point Wealth Advisors, an estimated $7.99M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q1 2024 was Bank of America, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2024.