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IQ MacKay Municipal Intermediate ETF
MMIT

74 hedge funds and large institutions have $289M invested in IQ MacKay Municipal Intermediate ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 17

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

11% more capital invested

Capital invested by funds: $260M → $289M (+$29.1M)

6% more funds holding

Funds holding: 70 → 74 (+4)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

2.05% less ownership

Funds ownership: 73.13% → 71.08% (-2%)

Holders
74
Holders Change
+4
Holders Change %
+5.71%
% of All Funds
1.18%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
12
Increased
39
Reduced
17
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$6.64M
2
GVAG
Great Valley Advisor Group
Delaware
+$4.7M
3
SPIA
Steward Partners Investment Advisory
New York
+$4.5M
4
IWP
IAG Wealth Partners
Wisconsin
+$3.44M
5
PAG
Private Advisor Group
New Jersey
+$2.7M

Top Sellers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$5.95M
2
OMC
Old Mission Capital
Illinois
-$5.3M
3
HighTower Advisors
HighTower Advisors
Illinois
-$3.7M
4
SFS
Starfox Financial Services
Texas
-$597K
5
NA
NewEdge Advisors
Louisiana
-$484K
Name Holding Trade Value Shares
Change 		Change in
Stake
CPWM
26
Cypress Point Wealth Management
Texas
$2.28M +$360K +14,735 +19%
HighTower Advisors
27
HighTower Advisors
Illinois
$1.99M -$3.7M -151,529 -65%
NFP
28
Narus Financial Partners
Utah
$1.88M – – –
SI
29
Saxon Interests
Texas
$1.87M -$35.6K -1,458 -2%
MML Investors Services
30
MML Investors Services
Massachusetts
$1.81M -$180K -7,371 -9%
SFA
31
Sequoia Financial Advisors
Ohio
$1.53M -$204K -8,336 -12%
BWP
32
Bernardo Wealth Planning
Pennsylvania
$1.53M +$196 +8 +0%
LWMNY
33
Landmark Wealth Management (New York)
New York
$1.42M +$74.4K +3,043 +6%
AAS
34
Avantax Advisory Services
Texas
$1.3M +$4.64K +190 +0.4%
IA
35
IFP Advisors
Florida
$1.26M -$110K -4,495 -8%
JSW
36
Journey Strategic Wealth
New Jersey
$1.23M -$106K -4,338 -8%
BWM
37
BCS Wealth Management
Tennessee
$1.2M -$95.2K -3,894 -7%
1W
38
1776 Wealth
Georgia
$1.12M – – –
CA
39
Claro Advisors
Massachusetts
$1.09M +$1.08M +44,219 New
SL
40
SWMG LLC
Texas
$871K -$152K -6,218 -15%
SCA
41
Snowden Capital Advisors
New York
$867K +$2.76K +113 +0.3%
HIP
42
HUB Investment Partners
Texas
$836K +$5.55K +227 +0.7%
Osaic Holdings
43
Osaic Holdings
Arizona
$803K +$321K +13,143 +67%
VPP
44
Vertex Planning Partners
Illinois
$798K +$78.4K +3,207 +11%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$796K -$9.38K -384 -1%
EWA
46
Evolution Wealth Advisors
Florida
$795K +$790K +32,313 New
AWM
47
AE Wealth Management
Kansas
$783K -$252K -10,315 -24%
PA
48
PFG Advisors
Arizona
$688K +$684K +27,985 New
Bank of New York Mellon
49
Bank of New York Mellon
New York
$653K +$200K +8,176 +44%
FTUS
50
Flow Traders U.S.
New York
$614K +$67.8K +2,772 +12%
1
2
3 4

MMIT Hedge Fund Activity: Q1 2023 in Review

74 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2023, worth a combined $289M — up 11% from $260M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MMIT positions and 8 closed out — a net gain of 4 holders — while 39 added to existing stakes and 17 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $6.64M. The largest seller was Envestnet Asset Management, cutting an estimated $5.95M.

  • 74 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2023, up from 70 in Q4 2022.
  • Funds reported $289M of IQ MacKay Municipal Intermediate ETF stock for Q1 2023, up 11% quarter-over-quarter.
  • 12 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2023 and 8 closed out, a net change of +4 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2023 was Morgan Stanley, an estimated $6.64M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2023 was Envestnet Asset Management, an estimated $5.95M sold.

Based on aggregated 13F filings for Q1 2023.