IQ MacKay Municipal Intermediate ETF
MMIT
7 hedge funds and large institutions have $43.8M invested in IQ MacKay Municipal Intermediate ETF in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and closing their positions.
133% more funds holding
Funds holding: 3 → 7 (+4)
1% more capital invested
Capital invested by funds: $43.2M → $43.8M (+$556K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
5.51% less ownership
Funds ownership: 100.51% → 95% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$546K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$256K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.31K |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$2.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$704K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $42M | – | – | – |
|
|
2
Morgan Stanley
New York
| $1.06M | +$546K | +20,758 | +107% |
|
|
3
Jane Street
New York
| $422K | -$704K | -26,787 | -63% |
|
|
RJFSA
4
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $257K | +$256K | +9,747 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $6K | +$6.31K | +240 | New |
|
|
AIC
6
Ameritas Investment Company
Lincoln,
Nebraska
| $3K | +$2.6K | +99 | New |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $2K | +$1.13K | +43 | New |
|
MMIT Hedge Fund Activity: Q3 2019 in Review
7 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q3 2019, worth a combined $43.8M — up 1.3% from $43.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MMIT positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $546K. The largest seller was Jane Street, cutting an estimated $704K.
- 7 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q3 2019, up from 3 in Q2 2019.
- Funds reported $43.8M of IQ MacKay Municipal Intermediate ETF stock for Q3 2019, up 1.3% quarter-over-quarter.
- 4 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q3 2019 and 0 closed out, a net change of +4 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q3 2019 was Morgan Stanley, an estimated $546K added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q3 2019 was Jane Street, an estimated $704K sold.
Based on aggregated 13F filings for Q3 2019.