Vault-13

J P MORGAN EXCHANGE TRADED F JMUB

MUNICIPAL ETF · ETP · CUSIP 46641Q647

395 institutional holders +35 vs Q2 2025
61,586,13861.6m shares reported held*
$3.1bnreported value*
56 new 200 added 100 reduced 18 sold out net bought ≈ $506.7m (+10.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.16.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 55Q4 22: 89Q1 23: 101Q2 23: 118Q3 23: 135Q4 23: 204Q1 24: 226Q2 24: 257Q3 24: 269Q4 24: 320Q1 25: 335Q2 25: 360Q3 25: 395395Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202255
Q4 202289
Q1 2023101
Q2 2023118
Q3 2023135
Q4 2023204
Q1 2024226
Q2 2024257
Q3 2024269
Q4 2024320
Q1 2025335
Q2 2025360
Q3 2025395

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 23: 140 bought or addedQ4 23: 51 cut or sold outQ1 24: 176 bought or addedQ1 24: 49 cut or sold outQ1 24Q2 24: 176 bought or addedQ2 24: 54 cut or sold outQ3 24: 188 bought or addedQ3 24: 56 cut or sold outQ3 24Q4 24: 204 bought or addedQ4 24: 74 cut or sold outQ1 25: 210 bought or addedQ1 25: 110 cut or sold outQ1 25Q2 25: 224 bought or addedQ2 25: 122 cut or sold outQ3 25: 256 bought or addedQ3 25: 118 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202314051
Q1 202417649
Q2 202417654
Q3 202418856
Q4 202420474
Q1 2025210110
Q2 2025224122
Q3 2025256118

Biggest buyers

Cetera Investment Advisers Added +1,090,292+1.1m
JPMORGAN CHASE & CO Added +995,145+995.1k
CAPTRUST FINANCIAL ADVISORS Added +838,165+838.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +826,847+826.8k
LPL Financial LLC Added +801,829+801.8k
Corient Private Wealth LP New +733,905+733.9k
AMERIPRISE FINANCIAL INC Added +683,129+683.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +641,736+641.7k
Avantax Planning Partners, Inc. Added +545,783+545.8k
American Trust New +478,239+478.2k

Biggest sellers

Rockefeller Capital Management L.P. Reduced -721,433-721.4k
BAILARD, INC. Reduced -579,225-579.2k
ROYAL BANK OF CANADA Reduced -404,759-404.8k
RAYMOND JAMES FINANCIAL INC Reduced -384,865-384.9k
TBH Global Asset Management, LLC Reduced -313,740-313.7k
JANE STREET GROUP, LLC Reduced -269,317-269.3k
MML INVESTORS SERVICES, LLC Reduced -174,634-174.6k
Vestmark Advisory Solutions, Inc. Sold out -93,931-93.9k
Magnus Financial Group LLC Reduced -91,107-91.1k
Legacy Financial Advisors, Inc. Reduced -79,663-79.7k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 3,829,4113.8m $193.3m $193.3m 0.06% Added +801.8k +801,829
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.11% of their portfolio MILWAUKEE, WI 3,208,8543.2m $162.0m $162.0m 0.11% Added +826.8k +826,847
3 Meeder Advisory Services, Inc. 6.90% of their portfolio DUBLIN, OH 2,940,2152.9m $148.4m $148.4m 6.90% Added +214.1k +214,112
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.19% of their portfolio PLYMOUTH, MN 2,540,8902.5m $128.0m $128.0m 0.19% Added +641.7k +641,736
5 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 2,433,9652.4m $122.8m $122.8m 0.14% Added +1.1m +1,090,292
6 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,246,6192.2m $113.3m $113.3m 0.03% Added +683.1k +683,129
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,547,7541.5m $78.1m $78.1m 0.00% Added +995.1k +995,145
8 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,378,3651.4m $69.6m $69.6m 0.02% Reduced -384.9k -384,865
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,251,8841.3m $63.2m $63.2m 0.00% Added +150.2k +150,212
10 Forvis Mazars Wealth Advisors, LLC 1.19% of their portfolio Springfield, MO 1,184,9511.2m $59.8m $59.8m 1.19% Added +124.0k +123,953
11 1900 WEALTH MANAGEMENT LLC 4.02% of their portfolio SAN ANTONIO, TX 1,174,1631.2m $59.3m $59.3m 4.02% Added +372.0k +372,032
12 Avantax Planning Partners, Inc. 1.68% of their portfolio DUBUQUE, IA 1,160,1841.2m $58.6m $58.6m 1.68% Added +545.8k +545,783
13 CAPTRUST FINANCIAL ADVISORS 0.11% of their portfolio RALEIGH, NC 1,061,2291.1m $53.6m $53.6m 0.11% Added +838.2k +838,165
14 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,049,8171.0m $53.0m $53.0m 0.02% Reduced -10.0k -9,983
15 TIAA TRUST, NATIONAL ASSOCIATION 0.12% of their portfolio CHARLOTTE, NC 977,385977.4k $49.3m $49.3m 0.12% Added +67.1k +67,123
16 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 840,845840.8k $42.4m $42.4m 0.05% Added +2.6k +2,630
17 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 788,702788.7k $39.6m $39.6m 0.06% Added +58.3k +58,330
18 BAILARD, INC. 0.84% of their portfolio Foster City, CA 762,659762.7k $38.5m $38.5m 0.84% Reduced -579.2k -579,225
19 G2 CAPITAL MANAGEMENT, LLC / OH 9.64% of their portfolio COLUMBUS, OH 756,683756.7k $38.2m $38.2m 9.64% Added +61.5k +61,466
20 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 733,905733.9k $37.0k $37.0k 0.00% New
21 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 720,159720.2k $36.3m $36.3m 0.07% Reduced -721.4k -721,433
22 Orion Porfolio Solutions, LLC 0.27% of their portfolio OMAHA, NE 702,233702.2k $35.4m $35.4m 0.27% Added +27.7k +27,662
23 Integrated Wealth Concepts LLC 0.31% of their portfolio WALTHAM, MA 684,085684.1k $34.5m $34.5m 0.31% Added +349.9k +349,930
24 Equitable Holdings, Inc. 0.25% of their portfolio NEW YORK, NY 680,954681.0k $34.4m $34.4m 0.25% Reduced -13.0k -12,997
25 CENTRAL TRUST Co 0.69% of their portfolio JEFFERSON CITY, MO 655,418655.4k $33.1m $33.1m 0.69% Reduced -17.3k -17,258
26 COLLECTIVE FAMILY OFFICE LLC 7.59% of their portfolio YORK, PA 626,165626.2k $31.6m $31.6m 7.59% Added +53.7k +53,685
27 Asio Capital, LLC 4.72% of their portfolio LEXINGTON, KY 625,001625.0k $31.5m $31.5m 4.72% Added +130.1k +130,080
28 CWM, LLC 0.08% of their portfolio OMAHA, NE 519,219519.2k $26.2m $26.2m 0.08% Added +48.8k +48,816
29 American Trust 2.04% of their portfolio LEXINGTON, KY 478,239478.2k $24.1m $24.1m 2.04% New
30 Tortoise Investment Management, LLC 2.14% of their portfolio WHITE PLAINS, NY 476,369476.4k $24.0m $24.0m 2.14% Added +183.8k +183,841
31 Lebenthal Global Advisors, LLC 4.17% of their portfolio Hauppauge, NY 472,343472.3k $23.8m $23.8m 4.17% New
32 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 426,194426.2k $21.5m $21.5m 0.06% Reduced -174.6k -174,634
33 MATHER GROUP, LLC. 0.22% of their portfolio CHICAGO, IL 424,411424.4k $21.4m $21.4m 0.22% Added +58.8k +58,770
34 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 420,985421.0k $21.2m $21.2m 0.03% Reduced -80 -80
35 Avidian Wealth Enterprises, LLC 0.80% of their portfolio Houston, TX 419,252419.3k $21.2m $21.2m 0.80% Added +10.0k +9,964
36 ABLE Financial Group, LLC 4.57% of their portfolio SCOTTSDALE, AZ 417,520417.5k $21.1m $21.1m 4.57% Added +116.3k +116,327
37 INVENIO WEALTH PARTNERS LLC 7.54% of their portfolio CORAL GABLES, FL 410,731410.7k $20.7m $20.7m 7.54% Added +1.6k +1,560
38 Larson Financial Group LLC 0.72% of their portfolio ST LOUIS, MO 406,410406.4k $20.5m $20.5m 0.72% Added +25.9k +25,934
39 Smith & Howard Wealth Management, LLC 4.74% of their portfolio ATLANTA, GA 403,092403.1k $20.3m $20.3m 4.74% Reduced -2.9k -2,909
40 IAG Wealth Partners, LLC 2.35% of their portfolio WAUKESHA, WI 388,132388.1k $19.6m $19.6m 2.35% Added +61.7k +61,664
41 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 386,060386.1k $19.5m $19.5m 0.03% Reduced -48.2k -48,182
42 Stephens Consulting, LLC 6.45% of their portfolio FLINT, MI 370,348370.3k $18.7m $18.7m 6.45% Added +18.7k +18,702
43 HUNTINGTON NATIONAL BANK 0.11% of their portfolio COLUMBUS, OH 363,391363.4k $18.3m $18.3m 0.11% Added +66.6k +66,593
44 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 358,072358.1k $18.1m $18.1m 0.07% Added +220.2k +220,162
45 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 346,456346.5k $17.5m $17.5m 0.01% Added +165.4k +165,353
46 Bridgewater Advisors Inc. 1.21% of their portfolio NEW YORK, NY 342,969343.0k $17.4m $17.4m 1.21% Added +230.0k +230,028
47 CGN Advisors LLC 1.41% of their portfolio MANHATTAN, KS 340,629340.6k $17.2m $17.2m 1.41% Added +55.6k +55,649
48 CFO4Life Group, LLC 2.42% of their portfolio COPPELL, TX 330,165330.2k $16.7m $16.7m 2.42% Added +21.2k +21,245
49 Aspen Wealth Management LLC 3.60% of their portfolio FORT WORTH, TX 320,987321.0k $16.2m $16.2m 3.60% Added +9.6k +9,572
50 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 303,229303.2k $15.3m $15.3m 0.02% Reduced -269.3k -269,317
51 Amplius Wealth Advisors, LLC 1.30% of their portfolio BLUE BELL, PA 297,515297.5k $15.0m $15.0m 1.30% Added +64.0k +64,042
52 Apollon Wealth Management, LLC 0.26% of their portfolio MOUNT PLEASANT, SC 289,605289.6k $14.6m $14.6m 0.26% Reduced -3.2k -3,156
53 BlueStem Wealth Partners, LLC 1.52% of their portfolio MINNETONKA, MN 262,211262.2k $13.2m $13.2m 1.52% Reduced -34.4k -34,383
54 CONDOR CAPITAL MANAGEMENT 1.08% of their portfolio MARTINSVILLE, NJ 261,774261.8k $13.2m $13.2m 1.08% Added +1.5k +1,543
55 Summit Financial, LLC 0.20% of their portfolio PARSIPPANY, NJ 260,640260.6k $13.2m $13.2m 0.20% New
56 Magnus Financial Group LLC 1.03% of their portfolio NEW YORK, NY 258,002258.0k $13.0m $13.0m 1.03% Reduced -91.1k -91,107
57 Leverty Financial Group, LLC 3.15% of their portfolio HUDSON, WI 240,395240.4k $12.1m $12.1m 3.15% Added +150.6k +150,565
58 Diversified Portfolios, Inc. 1.03% of their portfolio Bloomfield Hills, MI 231,492231.5k $11.7m $11.7m 1.03% Added +43.7k +43,737
59 AllGen Financial Advisors, Inc. 2.87% of their portfolio ORLANDO, FL 231,191231.2k $11.7m $11.7m 2.87% Reduced -19.0k -19,004
60 Legacy Financial Advisors, Inc. 1.57% of their portfolio COVINGTON, KY 226,184226.2k $11.4m $11.4m 1.57% Reduced -79.7k -79,663
61 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.22% of their portfolio LOS ANGELES, CA 208,170208.2k $10.5m $10.5m 0.22% Added +20.1k +20,143
62 Syntegra Private Wealth Group, LLC 0.97% of their portfolio Chesterfield, MO 204,197204.2k $10.3m $10.3m 0.97% Added +6.6k +6,632
63 Hartford Financial Management Inc. 2.70% of their portfolio WEST HARTFORD, CT 201,910201.9k $10.2m $10.2m 2.70% Reduced -72.6k -72,612
64 Sequoia Financial Advisors, LLC 0.06% of their portfolio Akron, OH 200,446200.4k $10.1m $10.1m 0.06% Added +163.3k +163,287
65 Wealth Alliance Advisory Group, LLC 1.79% of their portfolio Wichita, KS 196,984197.0k $9.9m $9.9m 1.79% Reduced -5.1k -5,093
66 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 1.44% of their portfolio Boca Raton, FL 195,290195.3k $9.9m $9.9m 1.44% Added +49.2k +49,188
67 Cornerstone Wealth Management, LLC 0.52% of their portfolio ST. PETERS, MO 187,871187.9k $9.5m $9.5m 0.52% Added +4.6k +4,607
68 Boulder Wealth Advisors, LLC 4.35% of their portfolio BOULDER, CO 185,556185.6k $9.4m $9.4m 4.35% First filing
69 Savant Capital, LLC 0.06% of their portfolio ROCKFORD, IL 183,944183.9k $9.3m $9.3m 0.06% Added +65.0k +65,046
70 Chesley Taft & Associates LLC 0.37% of their portfolio CHICAGO, IL 174,335174.3k $8.8m $8.8m 0.37% Added +31.8k +31,835
71 VERUS CAPITAL PARTNERS, LLC 0.67% of their portfolio SCOTTSDALE, AZ 171,809171.8k $8.7m $8.7m 0.67% Added +49.3k +49,260
72 Oakwell Private Wealth Management, LLC 1.63% of their portfolio Austin, TX 161,016161.0k $8.1m $8.1m 1.63% Added +10.8k +10,849
73 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 158,781158.8k $8.0m $8.0m 0.02% Added +57.2k +57,178
74 Ameritas Advisory Services, LLC 0.52% of their portfolio Lincoln, NE 158,503158.5k $8.0m $8.0m 0.52% Added +119.2k +119,163
75 Per Stirling Capital Management, LLC. 0.93% of their portfolio AUSTIN, TX 154,594154.6k $7.8m $7.8m 0.93% Added +42.1k +42,093
76 Perigon Wealth Management, LLC 0.16% of their portfolio SAN FRANCISCO, CA 153,407153.4k $7.7m $7.7m 0.16% Added +49.8k +49,797
77 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 145,007145.0k $7.3m $7.3m 0.01% New
78 Shorepoint Capital Partners LLC 1.41% of their portfolio NORWOOD, MA 140,638140.6k $7.1m $7.1m 1.41% First filing
79 FOUNDERS FINANCIAL SECURITIES LLC 0.48% of their portfolio TOWSON, MD 139,822139.8k $7.1m $7.1m 0.48% Added +9.4k +9,448
80 21 West Wealth Management LLC 6.67% of their portfolio TUSTIN, CA 139,311139.3k $7.0m $7.0m 6.67% Added +13.7k +13,720
81 Washington Trust Bank 0.51% of their portfolio Spokane, WA 138,462138.5k $7.0m $7.0m 0.51% Reduced -8.1k -8,137
82 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 135,678135.7k $6.8m $6.8m 0.03% Added +15.2k +15,244
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 132,755132.8k $6.7m $6.7m 0.00% Reduced -404.8k -404,759
84 Skyline Advisors, Inc. 2.30% of their portfolio BELLINGHAM, WA 132,125132.1k $6.7m $6.7m 2.30% Added +36.8k +36,785
85 RETIREMENT INCOME SOLUTIONS, INC 1.13% of their portfolio ANN ARBOR, MI 131,496131.5k $6.6m $6.6m 1.13% Added +4.8k +4,793
86 LWM Advisory Services, LLC 3.85% of their portfolio PLANTATION, FL 130,877130.9k $6.6m $6.6m 3.85% Reduced -8.1k -8,106
87 GREAT VALLEY ADVISOR GROUP, INC. 0.13% of their portfolio WILMINGTON, DE 129,164129.2k $6.5m $6.5m 0.13% Reduced -624 -624
88 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 127,296127.3k $6.4m $6.4m 0.01% Added +30.1k +30,118
89 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 127,269127.3k $6.4m $6.4m 0.01% Added +3.9k +3,898
90 Brio Consultants, LLC 0.88% of their portfolio SAN FRANCISCO, CA 127,018127.0k $6.4m $6.4m 0.88% Added +567 +567
91 Apexium Financial, LP 0.31% of their portfolio Dallas, TX 126,612126.6k $6.4m $6.4m 0.31% Added +117 +117
92 KEYVANTAGE WEALTH, LLC 2.67% of their portfolio BETHLEHEM, PA 126,249126.2k $6.4m $6.4m 2.67% Added +1.4k +1,424
93 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 124,895124.9k $6.3m $6.3m 0.06% Added +90.1k +90,145
94 Elequin Capital, LP 0.52% of their portfolio NEW YORK, NY 121,690121.7k $6.1m $6.1m 0.52% Added +115.8k +115,770
95 Summit Financial Strategies, Inc. 0.52% of their portfolio Columbus, OH 119,851119.9k $6.0m $6.0m 0.52% Added +40.1k +40,056
96 Uniting Wealth Partners, LLC 1.41% of their portfolio DENVER, CO 118,426118.4k $6.0m $6.0m 1.41% Added +89.0k +89,034
97 Newman Dignan & Sheerar, Inc. 1.27% of their portfolio PROVIDENCE, RI 116,905116.9k $5.9m $5.9m 1.27% Added +16.3k +16,329
98 Clearwater Capital Advisors, LLC 0.50% of their portfolio HOFFMAN ESTATES, IL 116,357116.4k $5.9m $5.9m 0.50% Added +22.1k +22,085
99 CVA Family Office, LLC 0.75% of their portfolio DENVER, CO 115,768115.8k $5.8m $5.8m 0.75% Reduced -4.2k -4,222
100 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 115,200115.2k $5.8m $5.8m 0.01% Added +85.8k +85,800