JPMorgan Municipal ETF
JMUB
133 hedge funds and large institutions have $517M invested in JPMorgan Municipal ETF in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 70 increasing their positions, 24 reducing their positions, and 8 closing their positions.
541% more capital inflows, than outflows
Capital inflows: $141M | Capital outflows: $22M
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
192% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 24
22.5% more ownership
Funds ownership: 77.32% → 99.82% (+23%)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more funds holding
Funds holding: 116 → 133 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Smith & Howard Wealth Management
Atlanta,
Georgia
|
+$15.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$13.3M |
| 3 |
Legacy Financial Advisors
Covington,
Kentucky
|
+$12.5M |
| 4 |
Kestra Private Wealth Services
Austin,
Texas
|
+$9.9M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.77M |
| 2 |
Shorepoint Capital Partners
Norwood,
Massachusetts
|
-$4.3M |
| 3 |
Avantax Planning Partners
Dubuque,
Iowa
|
-$3.05M |
| 4 |
Slow Capital
Greenbrae,
California
|
-$2.07M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$929K |
JMUB Hedge Fund Activity: Q3 2023 in Review
133 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q3 2023, worth a combined $517M — up 26% from $412M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new JMUB positions and 8 closed out — a net gain of 18 holders — while 70 added to existing stakes and 24 trimmed.
The largest buyer was Smith & Howard Wealth Management, opening a new position worth an estimated $15.6M. The largest seller was Osaic Holdings, cutting an estimated $6.77M.
- 133 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q3 2023, up from 116 in Q2 2023.
- Funds reported $517M of JPMorgan Municipal ETF stock for Q3 2023, up 26% quarter-over-quarter.
- 26 funds opened new JPMorgan Municipal ETF positions in Q3 2023 and 8 closed out, a net change of +18 holders.
- The largest JPMorgan Municipal ETF buyer in Q3 2023 was Smith & Howard Wealth Management, an estimated $15.6M added.
- The largest JPMorgan Municipal ETF seller in Q3 2023 was Osaic Holdings, an estimated $6.77M sold.
Based on aggregated 13F filings for Q3 2023.