We are live on ! Find out more
FMHI icon

First Trust Municipal High Income ETF
FMHI

99 hedge funds and large institutions have $201M invested in First Trust Municipal High Income ETF in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 11 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

418% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 11

250% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 6

19% more capital invested

Capital invested by funds: $170M → $201M (+$31.6M)

15% more funds holding

Funds holding: 86 → 99 (+13)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

3.94% less ownership

Funds ownership: 67.85% → 63.91% (-3.9%)

Holders
99
Holders Change
+13
Holders Change %
+15.12%
% of All Funds
1.73%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
21
Increased
57
Reduced
11
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$5.61M
2
Morgan Stanley
Morgan Stanley
New York
+$4.5M
3
Jane Street
Jane Street
New York
+$4.39M
4
Truist Financial
Truist Financial
North Carolina
+$3.42M
5
OMC
Old Mission Capital
Illinois
+$2.38M

Top Sellers

Rank Fund Capital Flow
1
RWA
Redhawk Wealth Advisors
Minnesota
-$2.89M
2
Citadel Advisors
Citadel Advisors
Florida
-$2.74M
3
WCFA
Walkner Condon Financial Advisors
Wisconsin
-$1.01M
4
FTUS
Flow Traders U.S.
New York
-$857K
5
LA
LexAurum Advisors
Kansas
-$622K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$2.23M +$623K +11,009 +38%
IA
27
IFP Advisors
Florida
$2.15M +$282K +4,987 +15%
RJA
28
Raymond James & Associates
Florida
$2.11M +$374K +6,615 +21%
LA
29
LexAurum Advisors
Kansas
$1.78M -$622K -11,005 -26%
SWP
30
Stratos Wealth Partners
Ohio
$1.74M +$128K +2,256 +8%
AWM
31
AE Wealth Management
Kansas
$1.63M +$355K +6,274 +27%
TFA
32
Teamwork Financial Advisors
Texas
$1.63M +$355K +6,274 +27%
MA
33
Mutual Advisors
Nebraska
$1.61M +$221K +3,914 +16%
APWM
34
Atlas Private Wealth Management
New York
$1.54M +$35.4K +626 +2%
Janney Montgomery Scott
35
Janney Montgomery Scott
Pennsylvania
$1.53M +$534K +9,436 +52%
Citadel Advisors
36
Citadel Advisors
Florida
$1.48M -$2.74M -48,497 -65%
FAIM
37
Financial Advocates Investment Management
Washington
$1.39M +$430K +7,602 +44%
PTP
38
Platform Technology Partners
New York
$1.34M +$19.1K +337 +1%
TWM
39
Triton Wealth Management
Arizona
$1.02M +$46.1K +815 +5%
CIAS
40
Capital Investment Advisory Services
North Carolina
$1.02M +$46.6K +825 +5%
Commonwealth Equity Services
41
Commonwealth Equity Services
Massachusetts
$968K -$169K -2,994 -15%
SWA
42
Stratos Wealth Advisors
Ohio
$907K +$379K +6,700 +70%
HW
43
Hedeker Wealth
Illinois
$826K +$838K +14,821 New
EH
44
Equitable Holdings
New York
$825K +$257K +4,540 +44%
USCWA
45
U.S. Capital Wealth Advisors
Texas
$767K +$777K +13,750 New
NA
46
NewEdge Advisors
Louisiana
$758K +$9.73K +172 +1%
CPIG
47
Chicago Partners Investment Group
Illinois
$756K +$39.9K +706 +6%
BCI
48
Brinker Capital Investments
Pennsylvania
$678K +$161K +2,856 +31%
GVAG
49
Great Valley Advisor Group
Delaware
$672K +$682K +12,053 New
Stifel Financial
50
Stifel Financial
Missouri
$655K +$664K +11,738 New
1
2
3 4 5

FMHI Hedge Fund Activity: Q3 2021 in Review

99 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Municipal High Income ETF (FMHI) for Q3 2021, worth a combined $201M — up 19% from $170M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FMHI positions and 6 closed out — a net gain of 15 holders — while 57 added to existing stakes and 11 trimmed.

The largest buyer was LPL Financial, adding an estimated $5.61M. The largest seller was Redhawk Wealth Advisors, exiting entirely with an estimated $2.89M sold.

  • 99 institutional investors held First Trust Municipal High Income ETF (FMHI) as of Q3 2021, up from 86 in Q2 2021.
  • Funds reported $201M of First Trust Municipal High Income ETF stock for Q3 2021, up 19% quarter-over-quarter.
  • 21 funds opened new First Trust Municipal High Income ETF positions in Q3 2021 and 6 closed out, a net change of +15 holders.
  • The largest First Trust Municipal High Income ETF buyer in Q3 2021 was LPL Financial, an estimated $5.61M added.
  • The largest First Trust Municipal High Income ETF seller in Q3 2021 was Redhawk Wealth Advisors, an estimated $2.89M sold.

Based on aggregated 13F filings for Q3 2021.