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IQ MacKay Municipal Intermediate ETF
MMIT

26 hedge funds and large institutions have $77.1M invested in IQ MacKay Municipal Intermediate ETF in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 1 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,200% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 1

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

53% more funds holding

Funds holding: 17 → 26 (+9)

36% more capital invested

Capital invested by funds: $56.7M → $77.1M (+$20.4M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6.22% less ownership

Funds ownership: 78.52% → 72.3% (-6.2%)

Holders
26
Holders Change
+9
Holders Change %
+52.94%
% of All Funds
0.46%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
11
Increased
13
Reduced
1
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$23.5M
2
Jane Street
Jane Street
New York
+$5.7M
3
SCA
Snowden Capital Advisors
New York
+$3.8M
4
SDWMA
Schneider Downs Wealth Management Advisors
Pennsylvania
+$1.85M
5
Morgan Stanley
Morgan Stanley
New York
+$1.6M

Top Sellers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
-$22.4M
2
MA
Mutual Advisors
Nebraska
-$602K
3
PWMG
Prestige Wealth Management Group
New Jersey
-$441K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$23.4M +$23.5M +877,652 New
SDWMA
2
Schneider Downs Wealth Management Advisors
Pennsylvania
$11.2M +$1.85M +69,375 +20%
Jane Street
3
Jane Street
New York
$7.26M +$5.7M +213,271 +361%
PWMG
4
Prestige Wealth Management Group
New Jersey
$6.26M -$441K -16,475 -7%
Osaic Holdings
5
Osaic Holdings
Arizona
$4.42M +$892K +33,346 +25%
SCA
6
Snowden Capital Advisors
New York
$3.79M +$3.8M +142,090 New
UBS Group
7
UBS Group
Switzerland
$3.47M +$1.27M +47,320 +57%
Morgan Stanley
8
Morgan Stanley
New York
$2.91M +$1.6M +59,770 +121%
MML Investors Services
9
MML Investors Services
Massachusetts
$2.35M +$357K +13,339 +18%
IA
10
IFP Advisors
Florida
$2.08M +$671K +25,093 +47%
1W
11
1776 Wealth
Georgia
$1.75M +$321K +12,000 +22%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$1.69M +$670K +25,062 +65%
FTUS
13
Flow Traders U.S.
New York
$1.5M +$67.7K +2,531 +5%
RJA
14
Raymond James & Associates
Florida
$1.21M +$100K +3,745 +9%
LPL Financial
15
LPL Financial
California
$970K +$750K +28,064 +338%
HSA
16
HBK Sorce Advisory
Pennsylvania
$576K +$578K +21,600 New
BWM
17
BCS Wealth Management
Tennessee
$392K +$393K +14,707 New
AAS
18
Avantax Advisory Services
Texas
$360K +$361K +13,503 New
TFGT
19
TS Financial Group (TSFG)
Illinois
$350K +$351K +13,110 New
KAS
20
Kestra Advisory Services
Texas
$335K +$9.38K +351 +3%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$286K +$287K +10,740 New
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$240K +$241K +8,996 New
WWMSC
23
Wagner Wealth Management (South Carolina)
South Carolina
$162K +$163K +6,085 New
WAP
24
Wealthcare Advisory Partners
Pennsylvania
$101K +$101K +3,775 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$40K – – –
1
2

MMIT Hedge Fund Activity: Q1 2021 in Review

26 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2021, worth a combined $77.1M — up 36% from $56.7M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new MMIT positions and 2 closed out — a net gain of 9 holders — while 13 added to existing stakes and 1 trimmed.

The largest buyer was Bank of America, opening a new position worth an estimated $23.5M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $22.4M sold.

  • 26 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2021, up from 17 in Q4 2020.
  • Funds reported $77.1M of IQ MacKay Municipal Intermediate ETF stock for Q1 2021, up 36% quarter-over-quarter.
  • 11 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2021 and 2 closed out, a net change of +9 holders.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2021 was Bank of America, an estimated $23.5M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2021 was Mackay Shields LLC, an estimated $22.4M sold.

Based on aggregated 13F filings for Q1 2021.