IQ MacKay Municipal Intermediate ETF
MMIT
12 hedge funds and large institutions have $49.9M invested in IQ MacKay Municipal Intermediate ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 0 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
50% more funds holding
Funds holding: 8 → 12 (+4)
12% more capital invested
Capital invested by funds: $44.6M → $49.9M (+$5.32M)
1.14% more ownership
Funds ownership: 95.89% → 97.03% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$3.61M |
| 2 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$1.3M |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$578K |
| 4 |
Jane Street
New York
|
+$403K |
| 5 |
LPL Financial
San Diego,
California
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$542K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$17.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $41.1M | – | – | – |
|
|
SDWMA
2
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
| $3.57M | +$3.61M | +138,793 | New |
|
|
1W
3
1776 Wealth
Atlanta,
Georgia
| $2.32M | +$1.3M | +49,900 | +125% |
|
|
4
Morgan Stanley
New York
| $991K | -$542K | -20,828 | -35% |
|
|
MA
5
Mutual Advisors
Omaha,
Nebraska
| $572K | +$578K | +22,222 | New |
|
|
RJA
6
Raymond James & Associates
St Petersburg,
Florida
| $430K | +$189K | +7,275 | +77% |
|
|
7
Jane Street
New York
| $399K | +$403K | +15,490 | New |
|
|
RJFSA
8
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $300K | +$52K | +2,000 | +21% |
|
|
9
LPL Financial
San Diego,
California
| $226K | +$228K | +8,767 | New |
|
10
UBS Group
Zurich,
Switzerland
| $46K | +$5.07K | +195 | +12% |
|
|
IA
11
IFP Advisors
Tampa,
Florida
| $10K | -$17.7K | -679 | -63% |
|
|
AIC
12
Ameritas Investment Company
Lincoln,
Nebraska
| $4K | +$3.67K | +141 | New |
|
MMIT Hedge Fund Activity: Q1 2020 in Review
12 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2020, worth a combined $49.9M — up 12% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MMIT positions and 0 closed out — a net gain of 5 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Schneider Downs Wealth Management Advisors, opening a new position worth an estimated $3.61M. The largest seller was Morgan Stanley, cutting an estimated $542K.
- 12 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2020, up from 8 in Q4 2019.
- Funds reported $49.9M of IQ MacKay Municipal Intermediate ETF stock for Q1 2020, up 12% quarter-over-quarter.
- 5 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2020 and 0 closed out, a net change of +5 holders.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2020 was Schneider Downs Wealth Management Advisors, an estimated $3.61M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2020 was Morgan Stanley, an estimated $542K sold.
Based on aggregated 13F filings for Q1 2020.