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First Trust Managed Municipal ETF

295 hedge funds and large institutions have $1.43B invested in First Trust Managed Municipal ETF in 2025 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 103 increasing their positions, 130 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

less ownership

Funds ownership:

less capital invested

Capital invested by funds: $ → $

21% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 130

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
295
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change

Top Sellers

1 -$24.5M
2 -$15.2M
3 -$14.8M
4
JPMorgan Chase & Co
JPMorgan Chase & Co
New York
-$12.7M
5
LPL Financial
LPL Financial
California
-$6.65M
Name Holding Trade Value Shares
Change
Change in
Stake
TNBTD
201
Trustmark National Bank Trust Department
Mississippi
$450K
PWA
202
PCG Wealth Advisors
Kansas
$448K
AIP
203
Ameritas Investment Partners
Nebraska
$446K
WIA
204
World Investment Advisors
California
$444K
TCWM
205
Total Clarity Wealth Management
Illinois
$443K
FFA
206
Fragasso Financial Advisors
Pennsylvania
$443K
GIA
207
Gladstone Institutional Advisory
Florida
$440K
FEG
208
Financial Enhancement Group
Indiana
$438K
PCIA
209
Prime Capital Investment Advisors
Kansas
$434K
AA
210
Armis Advisers
Georgia
$429K
SPI
211
Sutton Place Investors
New York
$425K
HWA
212
HCR Wealth Advisors
California
$416K
PFA
213
Pure Financial Advisors
California
$409K
SA
214
Sovran Advisors
California
$409K
VA
215
Valmark Advisers
Ohio
$408K
Mercer Global Advisors
216
Mercer Global Advisors
Colorado
$397K
PFGIA
217
Patriot Financial Group Insurance Agency
Massachusetts
$388K
SWM
218
SeaCrest Wealth Management
New York
$384K
QC
219
Quadrature Capital
United Kingdom
$376K
US Bancorp
220
US Bancorp
Minnesota
$373K
OC
221
Oppenheimer & Co
New York
$369K
CWM
222
Cornerstone Wealth Management
Missouri
$366K
EC
223
Elequin Capital
New York
$361K
AWA
224
Alta Wealth Advisors
Massachusetts
$357K
KA
225
Kovack Advisors
Florida
$341K