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JPMorgan Municipal ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 1719 (+2)

4.83% more ownership

Funds ownership: 80.68%85.51% (+4.8%)

4% more funds holding

Funds holding: 318332 (+14)

Holders
332
Holders Change
+14
Holders Change %
+4.4%
% of All Funds
4.45%
Holding in Top 10
19
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+11.76%
% of All Funds
0.25%
New
41
Increased
173
Reduced
89
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$142M +$9.48M +188,645 +7%
MAS
2
Meeder Advisory Services
Ohio
$127M +$127M +2,531,748 New
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$110M +$9.59M +190,891 +10%
Raymond James Financial
4
Raymond James Financial
Florida
$76M +$13M +258,686 +21%
Wealth Enhancement Advisory Services
5
Wealth Enhancement Advisory Services
Minnesota
$66.5M +$10.8M +213,971 +19%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$56.6M +$37.8M +753,069 +199%
Ameriprise
7
Ameriprise
Minnesota
$55.8M +$29.9M +595,174 +114%
B
8
Bailard
California
$54.8M +$18.1M +359,784 +49%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$51.1M +$11.9M +237,050 +30%
FMWA
10
Forvis Mazars Wealth Advisors
Missouri
$46.8M +$553K +11,008 +1%
HighTower Advisors
11
HighTower Advisors
Illinois
$43.1M -$6.9M -137,242 -14%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$37.2M +$7.6M +151,196 +25%
BCI
13
Brinker Capital Investments
Pennsylvania
$32.4M +$32.6M +648,640 New
OPS
14
Orion Portfolio Solutions
Nebraska
$32.4M +$32.6M +648,640 New
CTC
15
Central Trust Company
Missouri
$32.2M +$6.26M +124,569 +24%
TIAA Trust, National Association
16
TIAA Trust, National Association
North Carolina
$29.7M -$4.45M -88,537 -13%
MML Investors Services
17
MML Investors Services
Massachusetts
$29.7M +$10.3M +205,197 +53%
EH
18
Equitable Holdings
New York
$28.7M +$1.13M +22,445 +4%
CFO
19
Collective Family Office
Pennsylvania
$28.7M +$3.45M +68,626 +14%
AC
20
Asio Capital
Kentucky
$28.2M +$2.31M +46,010 +9%
1WM
21
1900 Wealth Management
Texas
$27.2M +$15M +298,677 +122%
APP
22
Avantax Planning Partners
Iowa
$27M +$2.26M +44,882 +9%
TGAM
23
TBH Global Asset Management
Tennessee
$26.4M +$20.2M +402,072 +433%
JP Morgan Chase
24
JP Morgan Chase
New York
$25.3M +$12.8M +254,493 +101%
Carson Wealth (CWM LLC)
25
Carson Wealth (CWM LLC)
Nebraska
$24.2M +$23.8M +473,876 +4,492%

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.