IQ MacKay Municipal Intermediate ETF
MMIT
13 hedge funds and large institutions have $52.7M invested in IQ MacKay Municipal Intermediate ETF in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
5% more capital invested
Capital invested by funds: $49.9M → $52.7M (+$2.73M)
3.43% less ownership
Funds ownership: 97.03% → 93.59% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
+$1.37M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$701K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$38.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$36.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$1.04M |
| 2 |
LPL Financial
San Diego,
California
|
-$226K |
| 3 |
Jane Street
New York
|
-$146K |
| 4 |
Morgan Stanley
New York
|
-$105K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$4K |
MMIT Hedge Fund Activity: Q2 2020 in Review
13 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q2 2020, worth a combined $52.7M — up 5.5% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MMIT positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Schneider Downs Wealth Management Advisors, adding an estimated $1.37M. The largest seller was 1776 Wealth, cutting an estimated $1.04M.
- 13 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q2 2020, up from 12 in Q1 2020.
- Funds reported $52.7M of IQ MacKay Municipal Intermediate ETF stock for Q2 2020, up 5.5% quarter-over-quarter.
- 3 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q2 2020 and 2 closed out, a net change of +1 holder.
- The largest IQ MacKay Municipal Intermediate ETF buyer in Q2 2020 was Schneider Downs Wealth Management Advisors, an estimated $1.37M added.
- The largest IQ MacKay Municipal Intermediate ETF seller in Q2 2020 was 1776 Wealth, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2020.