JPMorgan Municipal ETF
JMUB
16 hedge funds and large institutions have $45M invested in JPMorgan Municipal ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 4 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
19% more capital invested
Capital invested by funds: $37.8M → $45M (+$7.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 17 → 16 (-1)
10.65% less ownership
Funds ownership: 82.36% → 71.71% (-11%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$5.25M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.48M |
| 3 |
MCM
McMillion Capital Management
Greensboro,
North Carolina
|
+$1.02M |
| 4 |
CIA
Compass Ion Advisors
Conshohocken,
Pennsylvania
|
+$900K |
| 5 |
LPL Financial
San Diego,
California
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.53M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$303K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$25K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$55 |
JMUB Hedge Fund Activity: Q3 2020 in Review
16 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q3 2020, worth a combined $45M — up 19% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of JMUB and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 7 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $5.25M. The largest seller was Jane Street, exiting entirely with an estimated $3.53M sold.
- 16 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q3 2020, down from 17 in Q2 2020.
- Funds reported $45M of JPMorgan Municipal ETF stock for Q3 2020, up 19% quarter-over-quarter.
- 3 funds opened new JPMorgan Municipal ETF positions in Q3 2020 and 4 closed out, a net change of -1 holder.
- The largest JPMorgan Municipal ETF buyer in Q3 2020 was HighTower Advisors, an estimated $5.25M added.
- The largest JPMorgan Municipal ETF seller in Q3 2020 was Jane Street, an estimated $3.53M sold.
Based on aggregated 13F filings for Q3 2020.