First Trust Municipal High Income ETF
FMHI
48 hedge funds and large institutions have $59.8M invested in First Trust Municipal High Income ETF in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 9 closing their positions.
2% more capital invested
Capital invested by funds: $58.6M → $59.8M (+$1.24M)
0% more funds holding
Funds holding: 48 → 48 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.88% less ownership
Funds ownership: 61.21% → 60.33% (-0.88%)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.53M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.15M |
| 3 |
TFA
Teamwork Financial Advisors
San Antonio,
Texas
|
+$1.14M |
| 4 |
PTP
Platform Technology Partners
New York
|
+$617K |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
Cooper Financial Group
Irvine,
California
|
-$1.22M |
| 2 |
Jane Street
New York
|
-$1.02M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$978K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$808K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$669K |
FMHI Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Municipal High Income ETF (FMHI) for Q2 2020, worth a combined $59.8M — up 2.1% from $58.6M a quarter earlier.
Fund positioning in FMHI was balanced in Q2 2020: 9 funds opened new positions, 9 closed out, 14 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.53M. The largest seller was Cooper Financial Group, exiting entirely with an estimated $1.22M sold.
- 48 institutional investors held First Trust Municipal High Income ETF (FMHI) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $59.8M of First Trust Municipal High Income ETF stock for Q2 2020, up 2.1% quarter-over-quarter.
- 9 funds opened new First Trust Municipal High Income ETF positions in Q2 2020 and 9 closed out, a net change of 0 holders.
- The largest First Trust Municipal High Income ETF buyer in Q2 2020 was Morgan Stanley, an estimated $1.53M added.
- The largest First Trust Municipal High Income ETF seller in Q2 2020 was Cooper Financial Group, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2020.