IQ MacKay Municipal Intermediate ETF
MMIT
94 hedge funds and large institutions have $536M invested in IQ MacKay Municipal Intermediate ETF in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
3% more funds holding
Funds holding: 91 → 94 (+3)
1% more capital invested
Capital invested by funds: $531M → $536M (+$5.51M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.44% less ownership
Funds ownership: 81.21% → 79.77% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.54M |
| 2 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$3.51M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.32M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.77M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$884K |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$837K |
| 3 |
LPL Financial
San Diego,
California
|
-$760K |
| 4 |
JP Morgan Chase
New York
|
-$732K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$530K |
MMIT Hedge Fund Activity: Q2 2024 in Review
94 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q2 2024, worth a combined $536M — up 1% from $531M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MMIT positions and 6 closed out — a net gain of 4 holders — while 42 added to existing stakes and 35 trimmed.
The largest buyer was Bank of America, adding an estimated $5.54M. The largest seller was Jane Street, exiting entirely with an estimated $884K sold.
- 94 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q2 2024, up from 91 in Q1 2024.
- Funds reported $536M of IQ MacKay Municipal Intermediate ETF stock for Q2 2024, up 1% quarter-over-quarter.
- 10 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q2 2024 and 6 closed out, a net change of +4 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q2 2024 was Bank of America, an estimated $5.54M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q2 2024 was Jane Street, an estimated $884K sold.
Based on aggregated 13F filings for Q2 2024.