JPMorgan Municipal ETF
JMUB
357 hedge funds and large institutions have $2.54B invested in JPMorgan Municipal ETF in 2025 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 173 increasing their positions, 101 reducing their positions, and 22 closing their positions.
145% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 22
71% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 101
17% more capital invested
Capital invested by funds: $2.17B → $2.54B (+$378M)
8% more funds holding
Funds holding: 332 → 357 (+25)
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
2% less ownership
Funds ownership: 85.51% → 83.5% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$42.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$32.9M |
| 3 |
GCM
G2 Capital Management
Columbus,
Ohio
|
+$28.5M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$28.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGAM
TBH Global Asset Management
Brentwood,
Tennessee
|
-$7.59M |
| 2 |
BWG
Beta Wealth Group
San Diego,
California
|
-$4.86M |
| 3 |
BWP
BlueStem Wealth Partners
Minnetonka,
Minnesota
|
-$4.44M |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$4.24M |
| 5 |
Renaissance Technologies
New York
|
-$4.06M |
JMUB Hedge Fund Activity: Q2 2025 in Review
357 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q2 2025, worth a combined $2.54B — up 17% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new JMUB positions and 22 closed out — a net gain of 32 holders — while 173 added to existing stakes and 101 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $42.6M. The largest seller was TBH Global Asset Management, cutting an estimated $7.59M.
- 357 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q2 2025, up from 332 in Q1 2025.
- Funds reported $2.54B of JPMorgan Municipal ETF stock for Q2 2025, up 17% quarter-over-quarter.
- 54 funds opened new JPMorgan Municipal ETF positions in Q2 2025 and 22 closed out, a net change of +32 holders.
- The largest JPMorgan Municipal ETF buyer in Q2 2025 was Avantax Advisory Services, an estimated $42.6M added.
- The largest JPMorgan Municipal ETF seller in Q2 2025 was TBH Global Asset Management, an estimated $7.59M sold.
Based on aggregated 13F filings for Q2 2025.