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IQ MacKay Municipal Intermediate ETF
MMIT

70 hedge funds and large institutions have $260M invested in IQ MacKay Municipal Intermediate ETF in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

32% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 19

25% more funds holding

Funds holding: 56 → 70 (+14)

17% more capital invested

Capital invested by funds: $221M → $260M (+$38.6M)

2.91% less ownership

Funds ownership: 76.04% → 73.13% (-2.9%)

Holders
70
Holders Change
+14
Holders Change %
+25%
% of All Funds
1.13%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
23
Increased
25
Reduced
19
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$14.3M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$6.78M
3
UBS Group
UBS Group
Switzerland
+$6.68M
4
OMC
Old Mission Capital
Illinois
+$5.23M
5
TA
TruWealth Advisors
Louisiana
+$4.19M

Top Sellers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
-$14M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$7.17M
3
SCA
Snowden Capital Advisors
New York
-$2.75M
4
CWM
Centric Wealth Management
Illinois
-$2.09M
5
PWMG
Prestige Wealth Management Group
New Jersey
-$1.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
26
Raymond James & Associates
Florida
$1.85M +$339K +14,236 +23%
NFP
27
Narus Financial Partners
Utah
$1.85M +$466K +19,555 +34%
SFA
28
Sequoia Financial Advisors
Ohio
$1.7M +$1.68M +70,639 New
BWP
29
Bernardo Wealth Planning
Pennsylvania
$1.5M +$1.48M +62,016 New
IA
30
IFP Advisors
Florida
$1.37M -$1.68M -70,743 -56%
LWMNY
31
Landmark Wealth Management (New York)
New York
$1.32M +$160K +6,733 +14%
JSW
32
Journey Strategic Wealth
New Jersey
$1.32M +$724K +30,412 +126%
AAS
33
Avantax Advisory Services
Texas
$1.27M +$144K +6,069 +13%
BWM
34
BCS Wealth Management
Tennessee
$1.27M -$124K -5,201 -9%
SPIA
35
Steward Partners Investment Advisory
New York
$1.14M +$1.12M +47,075 New
1W
36
1776 Wealth
Georgia
$1.09M -$253K -10,621 -19%
AWM
37
AE Wealth Management
Kansas
$1.02M +$492K +20,684 +96%
SL
38
SWMG LLC
Texas
$1M +$218K +9,171 +28%
SCA
39
Snowden Capital Advisors
New York
$848K -$2.75M -115,505 -77%
HIP
40
HUB Investment Partners
Texas
$815K +$107K +4,506 +15%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$791K +$402K +16,906 +107%
FAIM
42
Financial Advocates Investment Management
Washington
$785K -$636K -26,711 -45%
VPP
43
Vertex Planning Partners
Illinois
$705K +$696K +29,228 New
SFS
44
Starfox Financial Services
Texas
$597K +$3.67K +154 +0.6%
HSA
45
HBK Sorce Advisory
Pennsylvania
$579K +$104K +4,350 +22%
FTUS
46
Flow Traders U.S.
New York
$535K +$528K +22,181 New
NA
47
NewEdge Advisors
Louisiana
$484K +$477K +20,040 New
Osaic Holdings
48
Osaic Holdings
Arizona
$471K +$116K +4,853 +33%
TFGT
49
TS Financial Group (TSFG)
Illinois
$447K -$245K -10,296 -36%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$445K +$5.05K +212 +1%
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MMIT Hedge Fund Activity: Q4 2022 in Review

70 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q4 2022, worth a combined $260M — up 17% from $221M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MMIT positions and 9 closed out — a net gain of 14 holders — while 25 added to existing stakes and 19 trimmed.

The largest buyer was Bank of America, adding an estimated $14.3M. The largest seller was HighTower Advisors, cutting an estimated $14M.

  • 70 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q4 2022, up from 56 in Q3 2022.
  • Funds reported $260M of IQ MacKay Municipal Intermediate ETF stock for Q4 2022, up 17% quarter-over-quarter.
  • 23 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q4 2022 and 9 closed out, a net change of +14 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q4 2022 was Bank of America, an estimated $14.3M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q4 2022 was HighTower Advisors, an estimated $14M sold.

Based on aggregated 13F filings for Q4 2022.