IQ MacKay Municipal Intermediate ETF
MMIT
45 hedge funds and large institutions have $175M invested in IQ MacKay Municipal Intermediate ETF in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 5 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4.52% more ownership
Funds ownership: 67.95% → 72.47% (+4.5%)
2% less funds holding
Funds holding: 46 → 45 (-1)
5% less capital invested
Capital invested by funds: $185M → $175M (-$9.78M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$17.3M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$3.34M |
| 3 |
PI
PFS Investments
Duluth,
Georgia
|
+$2.89M |
| 4 |
Morgan Stanley
New York
|
+$2.85M |
| 5 |
LWMNY
Landmark Wealth Management (New York)
Melville,
New York
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$14.9M |
| 2 |
LC
Legacy CG
Plano,
Texas
|
-$8.37M |
| 3 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$5.01M |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$791K |
| 5 |
AWC
Adamsbrown Wealth Consultants
Wichita,
Kansas
|
-$640K |
MMIT Hedge Fund Activity: Q1 2022 in Review
45 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2022, worth a combined $175M — down 5.3% from $185M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMIT positions and 5 closed out — a net gain of 1 holder — while 24 added to existing stakes and 10 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $17.3M. The largest seller was Bank of America, cutting an estimated $14.9M.
- 45 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2022, down from 46 in Q4 2021.
- Funds reported $175M of IQ MacKay Municipal Intermediate ETF stock for Q1 2022, down 5.3% quarter-over-quarter.
- 6 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2022 and 5 closed out, a net change of +1 holder.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2022 was Flow Traders U.S., an estimated $17.3M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2022 was Bank of America, an estimated $14.9M sold.
Based on aggregated 13F filings for Q1 2022.