We are live on ! Find out more
FMHI icon

First Trust Municipal High Income ETF
FMHI

153 hedge funds and large institutions have $452M invested in First Trust Municipal High Income ETF in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 67 increasing their positions, 37 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

263% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 8

81% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 37

13% more funds holding

Funds holding: 135 → 153 (+18)

4% more capital invested

Capital invested by funds: $433M → $452M (+$19.1M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.1% less ownership

Funds ownership: 72.54% → 72.43% (-0.1%)

Holders
153
Holders Change
+18
Holders Change %
+13.33%
% of All Funds
2.21%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
29
Increased
67
Reduced
37
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
NA
NewEdge Advisors
Louisiana
+$7.67M
2
Morgan Stanley
Morgan Stanley
New York
+$5.35M
3
MAS
Meeder Advisory Services
Ohio
+$3.99M
4
APWA
Atlas Private Wealth Advisors
New Jersey
+$3.72M
5
Wells Fargo
Wells Fargo
California
+$3.68M

Top Sellers

Rank Fund Capital Flow
1
RJFSA
Raymond James Financial Services Advisors
Florida
-$6.21M
2
CA
Crumly & Associates
Illinois
-$4.1M
3
Jane Street
Jane Street
New York
-$3.49M
4
UBS Group
UBS Group
Switzerland
-$2.81M
5
SW
Simplicity Wealth
New Jersey
-$1.52M
Name Holding Trade Value Shares
Change 		Change in
Stake
LA
126
Lifeworks Advisors
Michigan
$218K -$44.8K -935 -17%
KFI
127
Key Financial Inc
Pennsylvania
$211K – – –
PGF
128
Plan Group Financial
Oklahoma
$211K +$210K +4,370 New
ECA
129
Elevated Capital Advisors
Utah
$211K +$209K +4,365 New
LFAS
130
Level Four Advisory Services
Texas
$204K +$202K +4,213 New
PTC
131
Private Trust Company
Ohio
$196K +$104K +2,169 +115%
IAIM
132
International Assets Investment Management
Florida
$184K +$183K +3,809 New
FFA
133
Farther Finance Advisors
California
$121K +$120K +2,509 New
WIM
134
Westside Investment Management
California
$121K – – –
TLA
135
Tanglewood Legacy Advisors
Texas
$101K – – –
BEI
136
Benjamin Edwards Inc
Missouri
$93K – – –
SC
137
Stephens Consulting
Michigan
$91.5K -$3.79K -79 -4%
CAM
138
Creekmur Asset Management
Illinois
$53.5K – – –
CHA
139
Carmichael Hill & Associates
Maryland
$49.7K – – –
MRCM
140
M&R Capital Management
New Jersey
$34.5K – – –
RIL
141
Rothschild Investment LLC
Illinois
$30.2K – – –
CAS
142
Coppell Advisory Solutions
Texas
$24.7K +$24.5K +512 New
CPG
143
Cornerstone Planning Group
New Jersey
$21.8K +$21.1K +441 New
CFD
144
Creative Financial Designs
Indiana
$14.6K – – –
HFA
145
Hershey Financial Advisers
Pennsylvania
$12.6K +$12.5K +260 New
GWSG
146
GPS Wealth Strategies Group
Colorado
$11.1K – – –
RWMG
147
Redwood Wealth Management Group
New Jersey
$9.95K +$9.88K +206 New
PFA
148
Pathway Financial Advisers
Indiana
$9.06K +$48 +1 +0.5%
NS
149
NBC Securities
Alabama
$6K – – –
BHWM
150
Beaird Harris Wealth Management
Texas
$4.76K +$4.79K +100 New
3 4 5
6
7

FMHI Hedge Fund Activity: Q2 2024 in Review

153 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Municipal High Income ETF (FMHI) for Q2 2024, worth a combined $452M — up 4.4% from $433M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FMHI positions and 8 closed out — a net gain of 21 holders — while 67 added to existing stakes and 37 trimmed.

The largest buyer was NewEdge Advisors, adding an estimated $7.67M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.21M.

  • 153 institutional investors held First Trust Municipal High Income ETF (FMHI) as of Q2 2024, up from 135 in Q1 2024.
  • Funds reported $452M of First Trust Municipal High Income ETF stock for Q2 2024, up 4.4% quarter-over-quarter.
  • 29 funds opened new First Trust Municipal High Income ETF positions in Q2 2024 and 8 closed out, a net change of +21 holders.
  • The largest First Trust Municipal High Income ETF buyer in Q2 2024 was NewEdge Advisors, an estimated $7.67M added.
  • The largest First Trust Municipal High Income ETF seller in Q2 2024 was Raymond James Financial Services Advisors, an estimated $6.21M sold.

Based on aggregated 13F filings for Q2 2024.