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IQ MacKay Municipal Intermediate ETF
MMIT

91 hedge funds and large institutions have $531M invested in IQ MacKay Municipal Intermediate ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 49 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 22

3% less funds holding

Funds holding: 94 → 91 (-3)

9.21% less ownership

Funds ownership: 90.42% → 81.21% (-9.2%)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

12% less capital invested

Capital invested by funds: $602M → $531M (-$71M)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
91
Holders Change
-3
Holders Change %
-3.19%
% of All Funds
1.31%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
9
Increased
49
Reduced
22
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$13.2M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$6.26M
3
SDWMA
Schneider Downs Wealth Management Advisors
Pennsylvania
+$4.32M
4
UBS Group
UBS Group
Switzerland
+$3.67M
5
PCA
Pallas Capital Advisors
Massachusetts
+$2.18M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$52.6M
2
Bank of America
Bank of America
North Carolina
-$22M
3
FCI
Financial Counselors Inc
Kansas
-$13.1M
4
AWA
Amplius Wealth Advisors
Pennsylvania
-$4.43M
5
MPWT
MassMutual Private Wealth & Trust
Connecticut
-$3.39M
Name Holding Trade Value Shares
Change 		Change in
Stake
BWM
51
BCS Wealth Management
Tennessee
$871K -$136K -5,559 -13%
Thrivent Financial for Lutherans
52
Thrivent Financial for Lutherans
Minnesota
$867K +$270K +11,035 +45%
PAS
53
Park Avenue Securities
New York
$863K +$157K +6,416 +22%
HighTower Advisors
54
HighTower Advisors
Illinois
$850K +$8.73K +357 +1%
BWA
55
Burt Wealth Advisors
Maryland
$840K – – –
RWA
56
Redhawk Wealth Advisors
Minnesota
$837K +$112K +4,585 +15%
SI
57
Saxon Interests
Texas
$833K – – –
SPIA
58
Steward Partners Investment Advisory
New York
$829K -$3.04M -124,417 -79%
TAM
59
Titleist Asset Management
Texas
$823K +$91.5K +3,745 +12%
EWA
60
Evolution Wealth Advisors
Florida
$788K – – –
OWM
61
Opes Wealth Management
California
$720K +$135K +5,540 +23%
HIP
62
HUB Investment Partners
Texas
$678K +$87.7K +3,589 +15%
WWM
63
Western Wealth Management
Colorado
$658K +$236K +9,660 +56%
SFA
64
Sequoia Financial Advisors
Ohio
$558K -$945K -38,670 -63%
Wealth Enhancement Advisory Services
65
Wealth Enhancement Advisory Services
Minnesota
$510K +$135K +5,503 +36%
PA
66
Pineridge Advisors
Missouri
$473K -$74.1K -3,031 -14%
Susquehanna International Group
67
Susquehanna International Group
Pennsylvania
$447K +$448K +18,314 New
LNC
68
Lincoln National Corp
Pennsylvania
$443K +$65.5K +2,679 +17%
FTUS
69
Flow Traders U.S.
New York
$423K +$424K +17,335 New
MWM
70
MBE Wealth Management
Wisconsin
$394K +$5.43K +222 +1%
Mariner
71
Mariner
Kansas
$375K +$376K +15,391 New
TFGT
72
TS Financial Group (TSFG)
Illinois
$363K -$9.24K -378 -2%
KAS
73
Kestra Advisory Services
Texas
$361K +$103K +4,214 +40%
LFAS
74
Level Four Advisory Services
Texas
$331K – – –
VPP
75
Vertex Planning Partners
Illinois
$327K – – –
1 2
3
4 5

MMIT Hedge Fund Activity: Q1 2024 in Review

91 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2024, worth a combined $531M — down 12% from $602M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MMIT and 9 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 49 added.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $13.2M. The largest seller was Morgan Stanley, cutting an estimated $52.6M.

  • 91 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2024, down from 94 in Q4 2023.
  • Funds reported $531M of IQ MacKay Municipal Intermediate ETF stock for Q1 2024, down 12% quarter-over-quarter.
  • 9 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2024 and 10 closed out, a net change of -1 holder.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $13.2M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2024 was Morgan Stanley, an estimated $52.6M sold.

Based on aggregated 13F filings for Q1 2024.