JPMorgan Municipal ETF
JMUB
332 hedge funds and large institutions have $2.17B invested in JPMorgan Municipal ETF in 2025 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 173 increasing their positions, 89 reducing their positions, and 22 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 89
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
31% more capital invested
Capital invested by funds: $1.65B → $2.17B (+$514M)
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
4.83% more ownership
Funds ownership: 80.68% → 85.51% (+4.8%)
4% more funds holding
Funds holding: 318 → 332 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAS
Meeder Advisory Services
Dublin,
Ohio
|
+$127M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$37.8M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$32.6M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$32.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$12.3M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$6.9M |
| 3 |
LGW
Leslie Global Wealth
Itasca,
Illinois
|
-$6.43M |
| 4 |
RA
Riversedge Advisors
Wilmington,
Delaware
|
-$5.26M |
| 5 |
ACP
Aveo Capital Partners
Englewood,
Colorado
|
-$4.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
351
Blue Trust Inc
Alpharetta,
Georgia
| – | -$18.8K | -376 | Closed |
|
|
EPW
352
Evergreen Private Wealth
Greenwood Village,
Colorado
| – | -$11K | -220 | Closed |
|
|
NWMP
353
Noble Wealth Management PBC
Greenwood Village,
Colorado
| – | -$10.5K | -210 | Closed |
|
354
BNP Paribas Financial Markets
Paris,
France
| – | -$502 | -10 | Closed |
|
355
Fidelity Investments
Boston,
Massachusetts
| – | -$100 | -2 | Closed |
|
JMUB Hedge Fund Activity: Q1 2025 in Review
332 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q1 2025, worth a combined $2.17B — up 31% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new JMUB positions and 22 closed out — a net gain of 19 holders — while 173 added to existing stakes and 89 trimmed.
The largest buyer was Meeder Advisory Services, opening a new position worth an estimated $127M. The largest seller was Opal Wealth Advisors, cutting an estimated $12.3M.
- 332 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q1 2025, up from 318 in Q4 2024.
- Funds reported $2.17B of JPMorgan Municipal ETF stock for Q1 2025, up 31% quarter-over-quarter.
- 41 funds opened new JPMorgan Municipal ETF positions in Q1 2025 and 22 closed out, a net change of +19 holders.
- The largest JPMorgan Municipal ETF buyer in Q1 2025 was Meeder Advisory Services, an estimated $127M added.
- The largest JPMorgan Municipal ETF seller in Q1 2025 was Opal Wealth Advisors, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2025.