We are live on ! Find out more
MMIT icon

IQ MacKay Municipal Intermediate ETF
MMIT

45 hedge funds and large institutions have $175M invested in IQ MacKay Municipal Intermediate ETF in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 10

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

4.52% more ownership

Funds ownership: 67.95% → 72.47% (+4.5%)

2% less funds holding

Funds holding: 46 → 45 (-1)

5% less capital invested

Capital invested by funds: $185M → $175M (-$9.78M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
45
Holders Change
-1
Holders Change %
-2.17%
% of All Funds
0.71%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
6
Increased
24
Reduced
10
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FTUS
Flow Traders U.S.
New York
+$17.3M
2
QA
Quantitative Advantage
Minnesota
+$3.34M
3
PI
PFS Investments
Georgia
+$2.89M
4
Morgan Stanley
Morgan Stanley
New York
+$2.85M
5
LWMNY
Landmark Wealth Management (New York)
New York
+$2.01M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$14.9M
2
LC
Legacy CG
Texas
-$8.37M
3
HIP
HUB Investment Partners
Texas
-$5.01M
4
MA
Mutual Advisors
Nebraska
-$791K
5
AWC
Adamsbrown Wealth Consultants
Kansas
-$640K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$41.9M -$14.9M -574,515 -26%
Morgan Stanley
2
Morgan Stanley
New York
$28.3M +$2.85M +110,033 +11%
FTUS
3
Flow Traders U.S.
New York
$16.9M +$17.3M +670,908 New
SDWMA
4
Schneider Downs Wealth Management Advisors
Pennsylvania
$12.9M +$1.51M +58,526 +13%
UBS Group
5
UBS Group
Switzerland
$9.93M +$762K +29,453 +8%
IWP
6
IAG Wealth Partners
Wisconsin
$8.05M +$536K +20,717 +7%
PI
7
PFS Investments
Georgia
$6.57M +$2.89M +111,760 +75%
PWMG
8
Prestige Wealth Management Group
New Jersey
$5.83M -$49.6K -1,919 -0.8%
SCA
9
Snowden Capital Advisors
New York
$4.24M -$297K -11,481 -6%
QA
10
Quantitative Advantage
Minnesota
$3.24M +$3.34M +128,998 New
IA
11
IFP Advisors
Florida
$2.86M +$548K +21,195 +23%
Jane Street
12
Jane Street
New York
$2.65M +$1.06M +40,821 +63%
VC
13
Vicus Capital
Pennsylvania
$2.65M +$1.06M +41,019 +64%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$2.63M +$667K +25,795 +33%
MML Investors Services
15
MML Investors Services
Massachusetts
$2.47M -$223K -8,641 -8%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$1.94M +$97.2K +3,760 +5%
LPL Financial
17
LPL Financial
California
$1.83M +$881K +34,081 +88%
RJA
18
Raymond James & Associates
Florida
$1.64M +$19.7K +761 +1%
AAS
19
Avantax Advisory Services
Texas
$1.62M +$208K +8,047 +14%
BWM
20
BCS Wealth Management
Tennessee
$1.59M +$258K +9,969 +19%
LWMNY
21
Landmark Wealth Management (New York)
New York
$1.46M +$2.01M +77,621 +226%
CA
22
Claro Advisors
Massachusetts
$1.42M – – –
1W
23
1776 Wealth
Georgia
$1.41M – – –
FAIM
24
Financial Advocates Investment Management
Washington
$1.1M +$1.14M +43,964 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$1.06M +$582K +22,519 +115%
1
2

MMIT Hedge Fund Activity: Q1 2022 in Review

45 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in IQ MacKay Municipal Intermediate ETF (MMIT) for Q1 2022, worth a combined $175M — down 5.3% from $185M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MMIT positions and 5 closed out — a net gain of 1 holder — while 24 added to existing stakes and 10 trimmed.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $17.3M. The largest seller was Bank of America, cutting an estimated $14.9M.

  • 45 institutional investors held IQ MacKay Municipal Intermediate ETF (MMIT) as of Q1 2022, down from 46 in Q4 2021.
  • Funds reported $175M of IQ MacKay Municipal Intermediate ETF stock for Q1 2022, down 5.3% quarter-over-quarter.
  • 6 funds opened new IQ MacKay Municipal Intermediate ETF positions in Q1 2022 and 5 closed out, a net change of +1 holder.
  • The largest IQ MacKay Municipal Intermediate ETF buyer in Q1 2022 was Flow Traders U.S., an estimated $17.3M added.
  • The largest IQ MacKay Municipal Intermediate ETF seller in Q1 2022 was Bank of America, an estimated $14.9M sold.

Based on aggregated 13F filings for Q1 2022.