Vault-13

J P MORGAN EXCHANGE TRADED F JMST

ULTRA SHT MUNCPL · ETP · CUSIP 46641Q654

357 institutional holders -11 vs Q1 2023
38,831,41238.8m shares reported held*
$2.0bnreported value*
30 new 112 added 166 reduced 43 sold out net bought ≈ $135.0m (+2.6m 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 ($6.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.58.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 325Q4 22: 354Q1 23: 368Q2 23: 357357Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022325
Q4 2022354
Q1 2023368
Q2 2023357

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 162 bought or addedQ4 22: 168 cut or sold outQ4 22Q1 23: 166 bought or addedQ1 23: 185 cut or sold outQ1 23Q2 23: 142 bought or addedQ2 23: 209 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022162168
Q1 2023166185
Q2 2023142209

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 22 calls: $1.9mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $2.5mQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$1.9m$00.00
Q4 2022$2.5m$00.00
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

FMR LLC Added +4,116,671+4.1m
Orion Porfolio Solutions, LLC New +282,428+282.4k
Orion Portfolio Solutions, LLC New +282,428+282.4k
WCG Wealth Advisors LLC New +216,670+216.7k
AlphaCore Capital LLC New +189,110+189.1k
1900 WEALTH MANAGEMENT LLC New +125,121+125.1k
MORGAN STANLEY Added +120,475+120.5k
Slow Capital, Inc. Added +111,247+111.2k
ZWJ INVESTMENT COUNSEL INC New +109,863+109.9k
D L CARLSON INVESTMENT GROUP INC New +99,857+99.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -553,232-553.2k
ANDERSON HOAGLAND & CO Reduced -457,828-457.8k
JANE STREET GROUP, LLC Reduced -443,543-443.5k
FLOW TRADERS U.S. LLC Sold out -213,052-213.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -157,996-158.0k
VISTA FINANCE, LLC Sold out -140,713-140.7k
WELLS FARGO & COMPANY/MN Reduced -125,504-125.5k
FIRST FOUNDATION ADVISORS Reduced -116,556-116.6k
BOSTON FAMILY OFFICE LLC Reduced -106,096-106.1k
UMB Bank, n.a. Reduced -105,792-105.8k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 4,116,6734.1m $208.5m $208.5m 0.02% Added +4.1m +4,116,671
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,662,7943.7m $185.5m $185.5m 0.02% Reduced -553.2k -553,232
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.12% of their portfolio MILWAUKEE, WI 1,842,1181.8m $93.3m $93.3m 0.12% Reduced -158.0k -157,996
4 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,295,6491.3m $65.6m $65.6m 0.05% Added +60.5k +60,457
5 Fiduciary Trust Co 1.09% of their portfolio Boston, MA 1,216,6531.2m $61.6m $61.6m 1.09% Reduced -44.8k -44,762
6 Global Strategic Investment Solutions, LLC 5.11% of their portfolio Scottsdale, AZ 808,950809.0k $41.0m $41.0m 5.11% Added +31.1k +31,146
7 UBS Group AG 0.02% of their portfolio ZURICH, V8 736,015736.0k $37.3m $37.3m 0.02% Added +11.9k +11,889
8 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 668,441668.4k $33.9m $33.9m 0.01% Reduced -125.5k -125,504
9 Mills Wealth Advisors LLC 24.72% of their portfolio SOUTHLAKE, TX 642,185642.2k $32.5m $32.5m 24.72% Reduced -28.5k -28,491
10 Sequoia Financial Advisors, LLC 0.54% of their portfolio Akron, OH 625,779625.8k $31.7m $31.7m 0.54% Reduced -9.0k -8,997
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 625,740625.7k $31.7m $31.7m 0.00% Reduced -3.0k -2,967
12 WEATHERLY ASSET MANAGEMENT L. P. 3.48% of their portfolio DEL MAR, CA 588,978589.0k $29.8m $29.8m 3.48% Added +13.1k +13,080
13 Cerity Partners LLC 0.12% of their portfolio NEW YORK, NY 586,109586.1k $29.7m $29.7m 0.12% Reduced -85.6k -85,626
14 Resonant Capital Advisors, LLC 3.15% of their portfolio Madison, WI 572,142572.1k $29.0m $29.0m 3.15% Reduced -16.1k -16,051
15 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 569,085569.1k $28.8m $28.8m 0.05% Added +60.4k +60,445
16 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 504,112504.1k $25.5m $25.5m 0.06% Reduced -34.4k -34,408
17 Bridgewater Advisors Inc. 5.00% of their portfolio NEW YORK, NY 491,896491.9k $24.9m $24.9m 5.00% Reduced -33.8k -33,783
18 Trust Co 3.54% of their portfolio MANHATTAN, KS 467,928467.9k $23.7m $23.7m 3.54% Reduced -832 -832
19 CWM, LLC 0.15% of their portfolio OMAHA, NE 464,698464.7k $23.5m $23.5m 0.15% Added +72.1k +72,057
20 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 437,645437.6k $22.2m $22.2m 0.09% Reduced -9.2k -9,189
21 Kathmere Capital Management, LLC 2.98% of their portfolio WAYNE, PA 378,775378.8k $19.2m $19.2m 2.98% Added +4.6k +4,644
22 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 360,800360.8k $18.3m $18.3m 0.03% Added +70.7k +70,745
23 One Capital Management, LLC 0.75% of their portfolio WESTLAKE VILLAGE, CA 327,541327.5k $16.6m $16.6m 0.75% Reduced -6.3k -6,341
24 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.46% of their portfolio MINNEAPOLIS, MN 323,072323.1k $16.4m $16.4m 0.46% Reduced -77.7k -77,732
25 Auxano Advisors, LLC 6.47% of their portfolio BELLEVUE, WA 318,607318.6k $16.2m $16.2m 6.47% Unchanged
26 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 316,347316.3k $16.0m $16.0m 0.03% Added +11.9k +11,852
27 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 303,953304.0k $15.4m $15.4m 0.03% Reduced -39.9k -39,900
28 CWA Asset Management Group, LLC 1.05% of their portfolio NAPLES, FL 302,604302.6k $15.3m $15.3m 1.05% Reduced -13.4k -13,424
29 GREAT VALLEY ADVISOR GROUP, INC. 0.63% of their portfolio WILMINGTON, DE 295,120295.1k $14.9m $14.9m 0.63% Added +49.4k +49,424
30 Sunburst Financial Group, LLC 5.07% of their portfolio VESTAVIA HILLS, AL 286,800286.8k $14.5m $14.5m 5.07% Reduced -2.6k -2,587
31 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 284,383284.4k $14.4m $14.4m 0.02% Reduced -443.5k -443,543
32 Orion Porfolio Solutions, LLC 0.15% of their portfolio OMAHA, NE 282,428282.4k $14.3m $14.3m 0.15% New
33 Orion Portfolio Solutions, LLC 0.15% of their portfolio Omaha, NE 282,428282.4k $14.3m $14.3m 0.15% New
34 MBM WEALTH CONSULTANTS, LLC 5.91% of their portfolio CHESTERFIELD, MO 272,759272.8k $13.8m $13.8m 5.91% Reduced -80.7k -80,664
35 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 269,087269.1k $13.6m $13.6m 0.01% Added +46.3k +46,289
36 APPLETON PARTNERS INC/MA 1.03% of their portfolio BOSTON, MA 241,387241.4k $12.2m $12.2m 1.03% Reduced -12.1k -12,139
37 Graves Light Lenhart Wealth, Inc. 1.54% of their portfolio HARRISONBURG, VA 224,389224.4k $11.4m $11.4m 1.54% Added +6.5k +6,487
38 WCG Wealth Advisors LLC 1.28% of their portfolio LAS VEGAS, NV 216,670216.7k $11.0m $11.0m 1.28% New
39 Klingman & Associates, LLC 0.86% of their portfolio New York, NY 209,605209.6k $10.6m $10.6m 0.86% Reduced -78.0k -78,008
40 Slow Capital, Inc. 1.81% of their portfolio GREENBRAE, CA 205,441205.4k $10.4m $10.4m 1.81% Added +111.2k +111,247
41 SVB WEALTH LLC 0.19% of their portfolio BOSTON, MA 203,562203.6k $10.3m $10.3m 0.19% Reduced -24.1k -24,120
42 COLONY GROUP LLC 0.14% of their portfolio Boston, MA 190,081190.1k $9.6m $9.6m 0.14% Added +13.1k +13,069
43 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 189,709189.7k $9.6m $9.6m 0.01% Reduced -1.9k -1,855
44 AlphaCore Capital LLC 1.54% of their portfolio LA JOLLA, CA 189,110189.1k $9.6m $9.6m 1.54% New
45 HB Wealth Management, LLC 0.15% of their portfolio Atlanta, GA 185,616185.6k $9.4m $9.4m 0.15% Reduced -50.0k -49,950
46 FIRST FOUNDATION ADVISORS 0.40% of their portfolio Irvine, CA 183,982184.0k $9.3m $9.3m 0.40% Reduced -116.6k -116,556
47 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 177,642177.6k $9.0m $9.0m 0.00% Added +120.5k +120,475
48 BCGM Wealth Management, LLC 3.90% of their portfolio LAFAYETTE, IN 174,670174.7k $8.8m $8.8m 3.90% Added +5.6k +5,616
49 Sunflower Bank, N.A. 1.98% of their portfolio DALLAS, TX 168,389168.4k $8.5m $8.5m 1.98% Reduced -4.2k -4,151
50 Levy Wealth Management Group, LLC 2.50% of their portfolio PHILADELPHIA, PA 167,006167.0k $8.5m $8.5m 2.50% Reduced -17.1k -17,076
51 SigFig Wealth Management, LLC 0.33% of their portfolio SAN FRANCISCO, CA 166,163166.2k $8.4m $8.4m 0.33% Reduced -14.0k -13,975
52 MJP ASSOCIATES INC /ADV 2.72% of their portfolio FARMINGTON, CT 162,855162.9k $8.2m $8.2m 2.72% Added +13.3k +13,293
53 Integrated Advisors Network LLC 0.44% of their portfolio DALLAS, TX 152,197152.2k $7.7m $7.7m 0.44% Reduced -6.9k -6,938
54 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 146,911146.9k $7.4m $7.4m 0.01% Added +17.7k +17,686
55 WEBSTERROGERS FINANCIAL ADVISORS, LLC 3.20% of their portfolio FLORENCE, SC 145,112145.1k $7.3m $7.3m 3.20% Reduced -5.8k -5,819
56 Three Bridge Wealth Advisors, LLC 3.08% of their portfolio LOS ALTOS, CA 143,787143.8k $7.3m $7.3m 3.08% Reduced -3.6k -3,552
57 Rosenberg Matthew Hamilton 2.44% of their portfolio GRAND JUNCTION, CO 142,579142.6k $7.2m $7.2m 2.44% Reduced -13.4k -13,407
58 Cooper Financial Group 1.76% of their portfolio IRVINE, CA 139,772139.8k $7.1m $7.1m 1.76% Added +27.2k +27,249
59 REGIONS FINANCIAL CORP 0.06% of their portfolio BIRMINGHAM, AL 137,863137.9k $7.0m $7.0m 0.06% Added +6.7k +6,709
60 BRANDYWINE OAK PRIVATE WEALTH LLC 0.78% of their portfolio Kennett Square, PA 136,651136.7k $6.9m $6.9m 0.78% Reduced -12.3k -12,281
61 TD Capital Management LLC 0.81% of their portfolio MEMPHIS, TN 134,400134.4k $6.8m $6.8m 0.81% Reduced -13.8k -13,810
62 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 130,025130.0k $6.6m $6.6m 0.01% Reduced -10.3k -10,327
63 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 129,507129.5k $6.6m $6.6m 0.00% Reduced -10.8k -10,835
64 Callan Capital, LLC 0.72% of their portfolio LA JOLLA, CA 128,009128.0k $6.5m $6.5m 0.72% Added +23.8k +23,805
65 1900 WEALTH MANAGEMENT LLC 0.65% of their portfolio SAN ANTONIO, TX 125,121125.1k $6.3m $6.3m 0.65% New
66 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 119,417119.4k $6.0m $6.0m 0.01% Reduced -1.7k -1,685
67 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 119,127119.1k $6.0m $6.0m 0.00% Added +84.3k +84,265
68 Advisor OS, LLC 0.98% of their portfolio CHICAGO, IL 118,386118.4k $6.0m $6.0m 0.98% Added +95.1k +95,061
69 Elmwood Wealth Management, Inc. 2.76% of their portfolio BERKELEY, CA 116,830116.8k $5.9m $5.9m 2.76% Added +5.5k +5,500
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 115,913115.9k $5.9m $5.9m 0.00% Added +37.0k +36,957
71 COLLECTIVE FAMILY OFFICE LLC 2.28% of their portfolio YORK, PA 114,953115.0k $5.8m $5.8m 2.28% Added +7.9k +7,900
72 Frisch Financial Group, Inc. 2.75% of their portfolio MELVILLE, NY 113,393113.4k $5.7m $5.7m 2.75% Added +10.9k +10,936
73 ZWJ INVESTMENT COUNSEL INC 0.29% of their portfolio Atlanta, GA 109,863109.9k $5.6m $5.6m 0.29% New
74 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 107,281107.3k $5.4m $5.4m 0.02% Reduced -55.7k -55,655
75 PDS Planning, Inc 0.69% of their portfolio DUBLIN, OH 106,210106.2k $5.4m $5.4m 0.69% Reduced -12.9k -12,874
76 CHOREO, LLC 0.18% of their portfolio ROCKFORD, IL 104,996105.0k $5.3m $5.3m 0.18% Reduced -50 -50
77 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 104,330104.3k $5.3m $5.3m 0.03% Reduced -16.6k -16,622
78 Mariner, LLC 0.01% of their portfolio Overland Park, KS 101,018101.0k $5.1m $5.1m 0.01% Reduced -57.9k -57,901
79 D L CARLSON INVESTMENT GROUP INC 0.97% of their portfolio CONCORD, NH 99,85799.9k $5.1m $5.1m 0.97% New
80 SIGNET FINANCIAL MANAGEMENT, LLC 0.73% of their portfolio PARSIPPANY, NJ 91,05291.1k $4.6m $4.6m 0.73% Reduced -1.6k -1,617
81 Vawter Financial, Ltd. 3.96% of their portfolio COLUMBUS, OH 90,35890.4k $4.6m $4.6m 3.96% Reduced -5.9k -5,853
82 IFP Advisors, Inc 0.10% of their portfolio TAMPA, FL 90,11090.1k $4.5m $4.5m 0.10% Added +32.8k +32,823
83 MFA WEALTH ADVISORS, LLC 1.42% of their portfolio PITTSBURGH, PA 89,37089.4k $4.5m $4.5m 1.42% New
84 KM Capital Management Ltd. 3.20% of their portfolio AUSTIN, TX 87,58187.6k $4.4m $4.4m 3.20% Reduced -74.7k -74,739
85 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 87,30587.3k $4.4m $4.4m 0.01% Added +16.9k +16,890
86 Transform Wealth, LLC 0.39% of their portfolio GREENWOOD VILLAGE, CO 86,43286.4k $4.4m $4.4m 0.39% Reduced -31.6k -31,644
87 Kistler-Tiffany Companies, LLC 0.68% of their portfolio BERWYN, PA 82,20482.2k $4.2m $4.2m 0.68% Reduced -12.5k -12,500
88 PFS INVESTMENTS INC. 0.07% of their portfolio DULUTH, GA 81,97082.0k $4.2m $4.2m 0.07% Reduced -4.0k -4,049
89 CAPITAL MANAGEMENT CORP /VA 0.88% of their portfolio GLEN ALLEN, VA 81,66781.7k $4.1m $4.1m 0.88% Added +3.5k +3,478
90 Cresset Asset Management, LLC 0.03% of their portfolio Chicago, IL 80,86780.9k $4.1m $4.1m 0.03% New
91 Boothe Investment Group, Inc. 2.12% of their portfolio DOVER, DE 79,12479.1k $4.0m $4.0m 2.12% Added +2.9k +2,921
92 Oak Harvest Investment Services 0.89% of their portfolio HOUSTON, TX 78,33678.3k $4.0m $4.0m 0.89% Added +63.4k +63,355
93 FinTrust Capital Advisors, LLC 0.93% of their portfolio Greenville, SC 76,45176.5k $3.9m $3.9m 0.93% Unchanged
94 Wealth Alliance Advisory Group, LLC 1.35% of their portfolio Wichita, KS 75,39475.4k $3.8m $3.8m 1.35% Reduced -450 -450
95 SYNOVUS FINANCIAL CORP 0.04% of their portfolio Columbus, GA 75,37775.4k $3.8m $3.8m 0.04% Reduced -13.3k -13,263
96 Perigon Wealth Management, LLC 0.15% of their portfolio SAN FRANCISCO, CA 74,81774.8k $3.8m $3.8m 0.15% Added +4.1k +4,110
97 Dynamic Advisor Solutions LLC 0.19% of their portfolio PHOENIX, AZ 74,09474.1k $3.8m $3.8m 0.19% Added +13.5k +13,527
98 Smart Money Group LLC 1.78% of their portfolio EASTLAND, TX 73,59873.6k $3.7m $3.7m 1.78% Reduced -1.2k -1,225
99 HARBOUR INVESTMENT MANAGEMENT LLC 1.94% of their portfolio EDMONDS, WA 72,67072.7k $3.7m $3.7m 1.94% Reduced -4.6k -4,585
100 IAG Wealth Partners, LLC 0.94% of their portfolio WAUKESHA, WI 70,37870.4k $3.6m $3.6m 0.94% New