JPMorgan Municipal ETF
JMUB
203 hedge funds and large institutions have $819M invested in JPMorgan Municipal ETF in 2023 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 71 increasing their positions, 39 reducing their positions, and 11 closing their positions.
636% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 11
86% more funds holding in top 10
Funds holding in top 10: 7 → 13 (+6)
82% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 39
58% more capital invested
Capital invested by funds: $517M → $819M (+$301M)
53% more funds holding
Funds holding: 133 → 203 (+70)
4.67% more ownership
Funds ownership: 79.26% → 83.93% (+4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$26M |
| 2 |
Rockefeller Capital Management
New York
|
+$23.6M |
| 3 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$19.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$17.6M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$12.9M |
| 2 |
SHWM
Smith & Howard Wealth Management
Atlanta,
Georgia
|
-$10M |
| 3 |
AC
Asio Capital
Lexington,
Kentucky
|
-$9.67M |
| 4 |
Jane Street
New York
|
-$6.99M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.79M |
JMUB Hedge Fund Activity: Q4 2023 in Review
203 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q4 2023, worth a combined $819M — up 58% from $517M a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new JMUB positions and 11 closed out — a net gain of 70 holders — while 71 added to existing stakes and 39 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $26M. The largest seller was Stifel Financial, cutting an estimated $12.9M.
- 203 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q4 2023, up from 133 in Q3 2023.
- Funds reported $819M of JPMorgan Municipal ETF stock for Q4 2023, up 58% quarter-over-quarter.
- 81 funds opened new JPMorgan Municipal ETF positions in Q4 2023 and 11 closed out, a net change of +70 holders.
- The largest JPMorgan Municipal ETF buyer in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $26M added.
- The largest JPMorgan Municipal ETF seller in Q4 2023 was Stifel Financial, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2023.