Vault-13

J P MORGAN EXCHANGE TRADED F JMUB

MUNICIPAL ETF · ETP · CUSIP 46641Q647

484 institutional holders +89 vs Q3 2025
89,110,84989.1m shares reported held*
$4.5bnreported value*
74 new 266 added 80 reduced 14 sold out net bought ≈ $1.3bn (+26.3m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.82.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 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: 395Q4 25: 484484Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025484

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 176 bought or addedQ1 24: 49 cut or sold outQ2 24: 176 bought or addedQ2 24: 54 cut or sold outQ2 24Q3 24: 188 bought or addedQ3 24: 56 cut or sold outQ4 24: 204 bought or addedQ4 24: 74 cut or sold outQ4 24Q1 25: 210 bought or addedQ1 25: 110 cut or sold outQ2 25: 224 bought or addedQ2 25: 122 cut or sold outQ2 25Q3 25: 256 bought or addedQ3 25: 118 cut or sold outQ4 25: 340 bought or addedQ4 25: 94 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202417649
Q2 202417654
Q3 202418856
Q4 202420474
Q1 2025210110
Q2 2025224122
Q3 2025256118
Q4 202534094

Biggest buyers

JPMORGAN CHASE & CO Added +12,044,347+12.0m
LPL Financial LLC Added +1,702,513+1.7m
BANK OF AMERICA CORP /DE/ Added +954,078+954.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +950,852+950.9k
MORGAN STANLEY Added +747,391+747.4k
Corient Private Wealth LP Added +745,973+746.0k
MAI Capital Management New +637,423+637.4k
RAYMOND JAMES FINANCIAL INC Added +563,592+563.6k
ENVESTNET ASSET MANAGEMENT INC Added +550,843+550.8k
AMERIPRISE FINANCIAL INC Added +508,846+508.8k

Biggest sellers

American Trust Reduced -429,516-429.5k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -399,568-399.6k
JANE STREET GROUP, LLC Reduced -217,614-217.6k
Uniting Wealth Partners, LLC Sold out -118,426-118.4k
Elequin Capital, LP Reduced -104,382-104.4k
Integrated Wealth Concepts LLC Reduced -66,150-66.2k
OLD MISSION CAPITAL LLC Reduced -65,719-65.7k
Focus Partners Advisor Solutions, LLC Reduced -62,588-62.6k
Ameritas Advisory Services, LLC Reduced -61,096-61.1k
VestGen Advisors, LLC Reduced -50,936-50.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 13,592,10113.6m $686.4m $686.4m 0.05% Added +12.0m +12,044,347
2 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 5,531,9245.5m $279.4m $279.4m 0.08% Added +1.7m +1,702,513
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.13% of their portfolio MILWAUKEE, WI 4,159,7064.2m $210.1m $210.1m 0.13% Added +950.9k +950,852
4 Meeder Advisory Services, Inc. 6.98% of their portfolio DUBLIN, OH 3,217,4853.2m $162.5m $162.5m 6.98% Added +277.3k +277,270
5 Cetera Investment Advisers 0.16% of their portfolio SCHAUMBURG, IL 2,873,6622.9m $145.1m $145.1m 0.16% Added +439.7k +439,697
6 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,755,4652.8m $139.1m $139.1m 0.03% Added +508.8k +508,846
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.19% of their portfolio PLYMOUTH, MN 2,717,6262.7m $137.6m $137.6m 0.19% Added +176.7k +176,736
8 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,205,9622.2m $111.4m $111.4m 0.01% Added +954.1k +954,078
9 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 1,941,9571.9m $98.1m $98.1m 0.03% Added +563.6k +563,592
10 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,600,6601.6m $80.8m $80.8m 0.02% Added +550.8k +550,843
11 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 1,479,8781.5m $74.7m $74.7m 0.05% Added +746.0k +745,973
12 Avantax Planning Partners, Inc. 1.77% of their portfolio DUBUQUE, IA 1,251,4001.3m $63.2m $63.2m 1.77% Added +91.2k +91,216
13 1900 WEALTH MANAGEMENT LLC 4.04% of their portfolio SAN ANTONIO, TX 1,246,8761.2m $63.0m $63.0m 4.04% Added +72.7k +72,713
14 Forvis Mazars Wealth Advisors, LLC 1.17% of their portfolio Springfield, MO 1,230,5391.2m $62.1m $62.1m 1.17% Added +45.6k +45,588
15 CAPTRUST FINANCIAL ADVISORS 0.12% of their portfolio RALEIGH, NC 1,212,9201.2m $61.3m $61.3m 0.12% Added +151.7k +151,691
16 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 896,541896.5k $45.3m $45.3m 0.07% Added +107.8k +107,839
17 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 809,819809.8k $40.9m $40.9m 0.04% Reduced -31.0k -31,026
18 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 795,805795.8k $40.2m $40.2m 0.07% Added +75.6k +75,646
19 BAILARD, INC. 0.89% of their portfolio Foster City, CA 794,545794.5k $40.1m $40.1m 0.89% Added +31.9k +31,886
20 G2 CAPITAL MANAGEMENT, LLC / OH 9.52% of their portfolio COLUMBUS, OH 781,550781.5k $39.5m $39.5m 9.52% Added +24.9k +24,867
21 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 755,542755.5k $38.2m $38.2m 0.02% Added +409.1k +409,086
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 751,420751.4k $37.9m $37.9m 0.00% Added +747.4k +747,391
23 Orion Porfolio Solutions, LLC 0.28% of their portfolio OMAHA, NE 745,676745.7k $37.7m $37.7m 0.28% Added +43.4k +43,443
24 CENTRAL TRUST Co 0.71% of their portfolio JEFFERSON CITY, MO 716,605716.6k $36.2m $36.2m 0.71% Added +61.2k +61,187
25 COLLECTIVE FAMILY OFFICE LLC 8.24% of their portfolio YORK, PA 711,318711.3k $35.9m $35.9m 8.24% Added +85.2k +85,153
26 Equitable Holdings, Inc. 0.24% of their portfolio NEW YORK, NY 693,873693.9k $35.0m $35.0m 0.24% Added +12.9k +12,919
27 Asio Capital, LLC 4.59% of their portfolio LEXINGTON, KY 641,876641.9k $32.5m $32.5m 4.59% Added +16.9k +16,875
28 MAI Capital Management 0.19% of their portfolio INDEPENDENCE, OH 637,423637.4k $32.2m $32.2m 0.19% New
29 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 629,062629.1k $31.8m $31.8m 0.06% Added +501.8k +501,766
30 Integrated Wealth Concepts LLC 0.37% of their portfolio WALTHAM, MA 617,935617.9k $31.2m $31.2m 0.37% Reduced -66.2k -66,150
31 TIAA TRUST, NATIONAL ASSOCIATION 0.07% of their portfolio CHARLOTTE, NC 577,817577.8k $29.2m $29.2m 0.07% Reduced -399.6k -399,568
32 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 567,263567.3k $28.6m $28.6m 0.07% Added +141.1k +141,069
33 Tortoise Investment Management, LLC 2.35% of their portfolio WHITE PLAINS, NY 530,147530.1k $26.8m $26.8m 2.35% Added +53.8k +53,778
34 CWM, LLC 0.07% of their portfolio OMAHA, NE 515,077515.1k $26.0m $26.0m 0.07% Reduced -4.1k -4,142
35 Nolet Wealth Management, LLC 13.81% of their portfolio FORT WORTH, TX 490,456490.5k $24.8m $24.8m 13.81% First filing
36 Lebenthal Global Advisors, LLC 3.62% of their portfolio Hauppauge, NY 464,964465.0k $23.5m $23.5m 3.62% Reduced -7.4k -7,379
37 ABLE Financial Group, LLC 4.70% of their portfolio SCOTTSDALE, AZ 457,761457.8k $23.1m $23.1m 4.70% Added +40.2k +40,241
38 Bridgewater Advisors Inc. 1.50% of their portfolio NEW YORK, NY 455,178455.2k $23.1m $23.1m 1.50% Added +112.2k +112,209
39 MATHER GROUP, LLC. 0.24% of their portfolio CHICAGO, IL 454,649454.6k $23.0m $23.0m 0.24% Added +30.2k +30,238
40 HUNTINGTON NATIONAL BANK 0.13% of their portfolio COLUMBUS, OH 441,054441.1k $22.3m $22.3m 0.13% Added +77.7k +77,663
41 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 437,600437.6k $22.1m $22.1m 0.03% Added +51.5k +51,540
42 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 435,348435.3k $22.0m $22.0m 0.03% Added +14.4k +14,363
43 Larson Financial Group LLC 0.74% of their portfolio ST LOUIS, MO 435,288435.3k $22.0m $22.0m 0.74% Added +28.9k +28,878
44 Avidian Wealth Enterprises, LLC 0.79% of their portfolio Houston, TX 426,969427.0k $21.6m $21.6m 0.79% Added +7.7k +7,717
45 Smith & Howard Wealth Management, LLC 4.89% of their portfolio ATLANTA, GA 422,900422.9k $21.4m $21.4m 4.89% Added +19.8k +19,808
46 Dynasty Wealth Management, LLC 0.20% of their portfolio ST. PETERSBURG, FL 405,090405.1k $20.5m $20.5m 0.20% Added +314.8k +314,801
47 IAG Wealth Partners, LLC 2.35% of their portfolio WAUKESHA, WI 402,722402.7k $20.3m $20.3m 2.35% Added +14.6k +14,590
48 INVENIO WEALTH PARTNERS LLC 7.32% of their portfolio CORAL GABLES, FL 390,217390.2k $19.7m $19.7m 7.32% Reduced -20.5k -20,514
49 Stephens Consulting, LLC 6.09% of their portfolio FLINT, MI 372,925372.9k $18.8m $18.8m 6.09% Added +2.6k +2,577
50 Clearwater Capital Advisors, LLC 1.55% of their portfolio HOFFMAN ESTATES, IL 369,290369.3k $18.6m $18.6m 1.55% Added +252.9k +252,933
51 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 357,403357.4k $18.0m $18.0m 0.07% Reduced -669 -669
52 Aspen Wealth Management LLC 3.77% of their portfolio FORT WORTH, TX 355,918355.9k $18.0m $18.0m 3.77% Added +34.9k +34,931
53 CGN Advisors LLC 1.41% of their portfolio MANHATTAN, KS 352,699352.7k $17.8m $17.8m 1.41% Added +12.1k +12,070
54 TBH Global Asset Management, LLC 3.95% of their portfolio Brentwood, TN 352,676352.7k $23.7m $23.7m 3.95% Added +325.1k +325,140
55 Amplius Wealth Advisors, LLC 1.41% of their portfolio BLUE BELL, PA 333,858333.9k $16.9m $16.9m 1.41% Added +36.3k +36,343
56 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 327,319327.3k $16.5m $16.5m 0.04% Added +168.5k +168,538
57 CFO4Life Group, LLC 2.33% of their portfolio COPPELL, TX 323,198323.2k $16.3m $16.3m 2.33% Reduced -7.0k -6,967
58 Summit Financial, LLC 0.21% of their portfolio PARSIPPANY, NJ 287,068287.1k $14.5m $14.5m 0.21% Added +26.4k +26,428
59 Diversified Portfolios, Inc. 1.20% of their portfolio Bloomfield Hills, MI 284,598284.6k $14.4m $14.4m 1.20% Added +53.1k +53,106
60 Apollon Wealth Management, LLC 0.25% of their portfolio MOUNT PLEASANT, SC 281,673281.7k $14.2m $14.2m 0.25% Reduced -7.9k -7,932
61 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 276,723276.7k $14.0m $14.0m 0.01% Added +164.4k +164,394
62 PW ADVISORS, LLC \ FL 10.95% of their portfolio TALLAHASSEE, FL 270,126270.1k $13.6m $13.6m 10.95% First filing
63 Hartford Financial Management Inc. 3.53% of their portfolio WEST HARTFORD, CT 269,279269.3k $13.6m $13.6m 3.53% Added +67.4k +67,369
64 Magnus Financial Group LLC 1.04% of their portfolio NEW YORK, NY 268,763268.8k $13.6m $13.6m 1.04% Added +10.8k +10,761
65 BlueStem Wealth Partners, LLC 1.49% of their portfolio MINNETONKA, MN 267,185267.2k $13.5m $13.5m 1.49% Added +5.0k +4,974
66 CONDOR CAPITAL MANAGEMENT 1.05% of their portfolio MARTINSVILLE, NJ 257,668257.7k $13.0m $13.0m 1.05% Reduced -4.1k -4,106
67 Chesley Taft & Associates LLC 0.50% of their portfolio CHICAGO, IL 253,182253.2k $12.8m $12.8m 0.50% Added +78.8k +78,847
68 AllGen Financial Advisors, Inc. 3.00% of their portfolio ORLANDO, FL 250,340250.3k $12.6m $12.6m 3.00% Added +19.1k +19,149
69 Per Stirling Capital Management, LLC. 1.42% of their portfolio AUSTIN, TX 250,037250.0k $12.6m $12.6m 1.42% Added +95.4k +95,443
70 Savant Capital, LLC 0.07% of their portfolio ROCKFORD, IL 238,223238.2k $12.0m $12.0m 0.07% Added +54.3k +54,279
71 OpenArc Corporate Advisory, LLC 0.20% of their portfolio ATLANTA, GA 235,599235.6k $11.9m $11.9m 0.20% First filing
72 Leverty Financial Group, LLC 2.75% of their portfolio HUDSON, WI 227,961228.0k $11.5m $11.5m 2.75% Reduced -12.4k -12,434
73 HTG Investment Advisors, Inc. 3.51% of their portfolio NEW CANAAN, CT 226,173226.2k $11.4m $11.4m 3.51% Added +127.6k +127,593
74 Legacy Financial Advisors, Inc. 1.58% of their portfolio COVINGTON, KY 225,949225.9k $11.4m $11.4m 1.58% Reduced -235 -235
75 SAGESPRING WEALTH PARTNERS, LLC 0.20% of their portfolio FRANKLIN, TN 221,338221.3k $11.2m $11.2m 0.20% Added +195.6k +195,557
76 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 1.59% of their portfolio Boca Raton, FL 218,585218.6k $11.0m $11.0m 1.59% Added +23.3k +23,295
77 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 212,416212.4k $10.7m $10.7m 0.04% Added +207.6k +207,613
78 Syntegra Private Wealth Group, LLC 0.98% of their portfolio Chesterfield, MO 211,321211.3k $10.7m $10.7m 0.98% Added +7.1k +7,124
79 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.21% of their portfolio LOS ANGELES, CA 209,555209.6k $10.6m $10.6m 0.21% Added +1.4k +1,385
80 Wealth Alliance Advisory Group, LLC 1.73% of their portfolio Wichita, KS 200,308200.3k $10.1m $10.1m 1.73% Added +3.3k +3,324
81 OneDigital Investment Advisors LLC 0.10% of their portfolio OVERLAND PARK, KS 198,048198.0k $10.0m $10.0m 0.10% Added +73.2k +73,153
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 195,757195.8k $9.9m $9.9m 0.00% Added +193.0k +193,026
83 Cornerstone Wealth Management, LLC 0.51% of their portfolio ST. PETERS, MO 194,805194.8k $9.8m $9.8m 0.51% Added +6.9k +6,934
84 Sequoia Financial Advisors, LLC 0.05% of their portfolio Akron, OH 193,982194.0k $9.8m $9.8m 0.05% Reduced -6.5k -6,464
85 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 190,819190.8k $9.6m $9.6m 0.01% Added +85.6k +85,647
86 VERUS CAPITAL PARTNERS, LLC 0.62% of their portfolio SCOTTSDALE, AZ 184,286184.3k $9.3m $9.3m 0.62% Added +12.5k +12,477
87 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 183,937183.9k $9.3m $9.3m 0.00% Added +51.2k +51,182
88 Capital Analysts, LLC 0.26% of their portfolio FORT WASHINGTON, PA 183,808183.8k $9.3m $9.3m 0.26% Added +85.1k +85,060
89 Keudell/Morrison Wealth Management 1.83% of their portfolio Salem, OR 172,577172.6k $8.7m $8.7m 1.83% First filing
90 Oakwell Private Wealth Management, LLC 1.59% of their portfolio Austin, TX 168,523168.5k $8.5m $8.5m 1.59% Added +7.5k +7,507
91 Rosenberg Matthew Hamilton 1.70% of their portfolio GRAND JUNCTION, CO 162,293162.3k $8.2m $8.2m 1.70% Added +49.5k +49,502
92 FOUNDERS FINANCIAL SECURITIES LLC 0.48% of their portfolio TOWSON, MD 159,979160.0k $8.1m $8.1m 0.48% Added +20.2k +20,157
93 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 159,571159.6k $8.1m $8.1m 0.04% Added +23.9k +23,893
94 LWM Advisory Services, LLC 4.70% of their portfolio PLANTATION, FL 158,760158.8k $8.0m $8.0m 4.70% Added +27.9k +27,883
95 Tower Research Capital LLC (TRC) 0.19% of their portfolio NEW YORK, NY 158,217158.2k $8.0m $8.0m 0.19% New
96 Perigon Wealth Management, LLC 0.14% of their portfolio SAN FRANCISCO, CA 156,236156.2k $7.9m $7.9m 0.14% Added +2.8k +2,829
97 Boulder Wealth Advisors, LLC 3.27% of their portfolio BOULDER, CO 153,365153.4k $7.7m $7.7m 3.27% Reduced -32.2k -32,191
98 21 West Wealth Management LLC 6.91% of their portfolio TUSTIN, CA 149,803149.8k $7.6m $7.6m 6.91% Added +10.5k +10,492
99 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 148,104148.1k $7.5m $7.5m 0.01% Added +3.1k +3,097
100 Harbor Group, Inc. 1.12% of their portfolio BEDFORD, NH 148,083148.1k $7.5m $7.5m 1.12% Added +115.1k +115,107