IQ MacKay Municipal Intermediate ETF
MMIT
99 hedge funds and large institutions have $571M invested in IQ MacKay Municipal Intermediate ETF in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
7% more capital invested
Capital invested by funds: $536M → $571M (+$35M)
5% more funds holding
Funds holding: 94 → 99 (+5)
1.37% less ownership
Funds ownership: 79.77% → 78.4% (-1.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.98M |
| 3 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$3.98M |
| 4 |
Morgan Stanley
New York
|
+$2.89M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$7.61M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.04M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$2.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$596K |
| 5 |
LFS
Legacy Financial Strategies
Overland Park,
Kansas
|
-$538K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EH
101
Equitable Holdings
New York
| – | -$277K | -11,476 | Closed |
|
102
Envestnet Portfolio Solutions
Chicago,
Illinois
| – | -$271K | -11,202 | Closed |
|
|
IA
103
Insight Advisors
Newtown,
Pennsylvania
| – | -$239K | -9,875 | Closed |
|
104
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$198K | -8,178 | Closed |
|
|
ATPW
105
Ashton Thomas Private Wealth
Scottsdale,
Arizona
| – | -$60.9K | -2,517 | Closed |
|
|
LIA
106
Lynx Investment Advisory
Washington, Dc,
District of Columbia
| – | -$13K | -536 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | -$24 | -1 | Closed |
|
MMIT Hedge Fund Activity: Q3 2024 in Review
99 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q3 2024, worth a combined $571M — up 6.5% from $536M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MMIT positions and 8 closed out — a net gain of 6 holders — while 45 added to existing stakes and 31 trimmed.
The largest buyer was Bank of America, adding an estimated $10.4M. The largest seller was Avantax Planning Partners, cutting an estimated $7.61M.
- 99 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q3 2024, up from 94 in Q2 2024.
- Funds reported $571M of IQ MacKay Municipal Intermediate ETF stock for Q3 2024, up 6.5% quarter-over-quarter.
- 14 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q3 2024 and 8 closed out, a net change of +6 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q3 2024 was Bank of America, an estimated $10.4M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q3 2024 was Avantax Planning Partners, an estimated $7.61M sold.
Based on aggregated 13F filings for Q3 2024.