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First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF

35 hedge funds and large institutions have $61.4M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

111% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 9

18% more capital invested

Capital invested by funds: $52.2M → $61.4M (+$9.21M)

9% more funds holding

Funds holding: 3235 (+3)

6.11% more ownership

Funds ownership: 54.12%60.23% (+6.1%)

Holders
35
Holders Change
+3
Holders Change %
+9.38%
% of All Funds
0.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
19
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
1
Advisor Group
Arizona
$11.7M +$1.93M +37,877 +20%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$11M +$595K +11,704 +6%
LPL Financial
3
LPL Financial
California
$8.38M +$218K +4,288 +3%
Cambridge Investment Research Advisors
4
Cambridge Investment Research Advisors
Iowa
$5.6M -$264K -5,193 -5%
Jane Street
5
Jane Street
New York
$3.31M +$1.05M +20,732 +47%
FAAS
6
First Allied Advisory Services
California
$3.17M +$1.75M +34,404 +125%
RFWA
7
RPg Family Wealth Advisory
Massachusetts
$2.52M -$25.1K -494 -1%
MML Investors Services
8
MML Investors Services
Massachusetts
$2.37M +$2.37M +46,519 New
VKH
9
Virtu KCG Holdings
New York
$1.85M +$237K +4,650 +15%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.45M -$127K -2,503 -8%
AIM
11
Advantage Investment Management
Iowa
$1.2M +$89.7K +1,764 +8%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.19M +$228K +4,473 +24%
Stifel Financial
13
Stifel Financial
Missouri
$855K +$64.9K +1,275 +8%
DADC
14
D.A. Davidson & Co
Montana
$842K +$160K +3,149 +24%
NWM
15
Northwest Wealth Management
Iowa
$777K -$5.34K -105 -0.7%
Citadel Advisors
16
Citadel Advisors
Florida
$589K +$588K +11,554 New
NPC
17
National Planning Corporation
California
$587K +$10.7K +210 +2%
IH
18
IFC Holdings
Florida
$560K -$221K -4,341 -28%
RJA
19
Raymond James & Associates
Florida
$513K -$32.4K -636 -6%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$421K +$419K +8,243 New
FHA
21
First Horizon Advisors
Tennessee
$382K -$21.2K -416 -5%
ICOA
22
Investment Centers of America
North Dakota
$351K +$37.4K +736 +12%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$314K +$1.98K +39 +0.6%
CA
24
Cetera Advisors
Colorado
$300K +$16.8K +330 +6%
KA
25
Kovack Advisors
Florida
$283K +$27.7K +545 +11%

HISF Hedge Fund Activity: Q2 2017 in Review

35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) for Q2 2017, worth a combined $61.4M — up 18% from $52.2M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new HISF positions and 2 closed out — a net gain of 3 holders — while 19 added to existing stakes and 9 trimmed.

The largest buyer was MML Investors Services, opening a new position worth an estimated $2.37M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $264K.

  • 35 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q2 2017, up from 32 in Q1 2017.
  • Funds reported $61.4M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q2 2017, up 18% quarter-over-quarter.
  • 5 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q2 2017 and 2 closed out, a net change of +3 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q2 2017 was MML Investors Services, an estimated $2.37M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q2 2017 was Cambridge Investment Research Advisors, an estimated $264K sold.

Based on aggregated 13F filings for Q2 2017.