IQ MacKay Municipal Intermediate ETF
MMIT
8 hedge funds and large institutions have $44.6M invested in IQ MacKay Municipal Intermediate ETF in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
2% more capital invested
Capital invested by funds: $43.8M → $44.6M (+$852K)
0.89% more ownership
Funds ownership: 95% → 95.89% (+0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$504K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$247K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$230K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$35.7K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$27.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$422K |
| 2 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$3K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.63K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $41.3M | – | – | – |
|
|
2
Morgan Stanley
New York
| $1.53M | +$504K | +19,205 | +48% |
|
|
1W
3
1776 Wealth
Atlanta,
Georgia
| $1.03M | +$1.05M | +40,000 | New |
|
|
RJFSA
4
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $249K | -$2.63K | -100 | -1% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $244K | +$247K | +9,420 | New |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $227K | +$230K | +8,767 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $41K | +$35.7K | +1,360 | +567% |
|
|
IA
8
IFP Advisors
Tampa,
Florida
| $29K | +$27.2K | +1,035 | +2,407% |
|
|
9
Jane Street
New York
| – | -$422K | -16,013 | Closed |
|
|
AIC
10
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$3K | -99 | Closed |
|
MMIT Hedge Fund Activity: Q4 2019 in Review
8 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q4 2019, worth a combined $44.6M — up 1.9% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MMIT positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $504K. The largest seller was Jane Street, exiting entirely with an estimated $422K sold.
- 8 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q4 2019, up from 7 in Q3 2019.
- Funds reported $44.6M of IQ MacKay Municipal Intermediate ETF stock for Q4 2019, up 1.9% quarter-over-quarter.
- 3 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q4 2019 and 2 closed out, a net change of +1 holder.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q4 2019 was Morgan Stanley, an estimated $504K added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q4 2019 was Jane Street, an estimated $422K sold.
Based on aggregated 13F filings for Q4 2019.