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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$7.67M |
| 2 |
Morgan Stanley
New York
|
+$5.35M |
| 3 |
MAS
Meeder Advisory Services
Dublin,
Ohio
|
+$3.99M |
| 4 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
+$3.72M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.21M |
| 2 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$4.1M |
| 3 |
Jane Street
New York
|
-$3.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.81M |
| 5 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHC
151
First Heartland Consultants
Lake St. Louis,
Missouri
| $2.66K | -$469K | -9,791 | -15% |
|
152
Barclays
London,
United Kingdom
| $1.06K | – | – | – |
|
153
CIBC Private Wealth Group
Atlanta,
Georgia
| $145 | +$144 | +3 | New |
|
|
SW
154
Simplicity Wealth
Summit,
New Jersey
| – | -$1.52M | -31,500 | Closed |
|
|
LNC
155
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$759K | -15,755 | Closed |
|
|
OMC
156
Old Mission Capital
Chicago,
Illinois
| – | -$744K | -15,442 | Closed |
|
|
VR
157
Valued Retirements
Houston,
Texas
| – | -$289K | -6,000 | Closed |
|
|
WA
158
Waverly Advisors
Birmingham,
Alabama
| – | -$283K | -5,873 | Closed |
|
|
SG
159
StoneX Group
New York
| – | -$214K | -4,444 | Closed |
|
|
SWM
160
Spire Wealth Management
Mclean,
Virginia
| – | -$18.8K | -390 | Closed |
|
|
IPW
161
Impact Partnership Wealth
Marietta,
Georgia
| – | -$12.8K | -266 | Closed |
|
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.