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

33 hedge funds and large institutions have $58.7M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

5% less capital invested

Capital invested by funds: $61.4M → $58.7M (-$2.8M)

2.99% less ownership

Funds ownership: 60.23%57.24% (-3%)

6% less funds holding

Funds holding: 3533 (-2)

Holders
33
Holders Change
-2
Holders Change %
-5.71%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
13
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$11.9M +$845K +16,530 +8%
AG
2
Advisor Group
Arizona
$9.03M -$2.73M -53,387 -23%
LPL Financial
3
LPL Financial
California
$7.72M -$697K -13,622 -8%
Cambridge Investment Research Advisors
4
Cambridge Investment Research Advisors
Iowa
$5.76M +$133K +2,597 +2%
UBS Group
5
UBS Group
Switzerland
$4.56M +$4.55M +88,982 New
RFWA
6
RPg Family Wealth Advisory
Massachusetts
$2.53M -$2.25K -44 -0.1%
FAAS
7
First Allied Advisory Services
California
$2.37M -$808K -15,806 -25%
MML Investors Services
8
MML Investors Services
Massachusetts
$2.28M -$99.8K -1,951 -4%
VF
9
Virtu Financial
New York
$1.78M +$1.77M +34,702 New
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.39M -$68.5K -1,339 -5%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$1.32M +$131K +2,553 +11%
AIM
12
Advantage Investment Management
Iowa
$1.25M +$43.2K +844 +4%
DADC
13
D.A. Davidson & Co
Montana
$920K +$74.4K +1,454 +9%
NPC
14
National Planning Corporation
California
$593K +$3.99K +78 +0.7%
Stifel Financial
15
Stifel Financial
Missouri
$584K -$275K -5,383 -32%
IH
16
IFC Holdings
Florida
$568K +$4.96K +97 +0.9%
NWM
17
Northwest Wealth Management
Iowa
$544K -$236K -4,608 -30%
ICOA
18
Investment Centers of America
North Dakota
$487K +$132K +2,581 +37%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$430K +$8.59K +168 +2%
FHA
20
First Horizon Advisors
Tennessee
$386K +$1.48K +29 +0.4%
KA
21
Kovack Advisors
Florida
$322K +$37.7K +738 +13%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$317K +$2K +39 +0.6%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$298K +$296K +5,797 New
CA
24
Cetera Advisors
Colorado
$292K -$7.11K -139 -2%
SI
25
SII Investments
Wisconsin
$279K

HISF Hedge Fund Activity: Q3 2017 in Review

33 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 Q3 2017, worth a combined $58.7M — down 4.6% from $61.4M a quarter earlier.

Fund positioning in HISF was balanced in Q3 2017: 5 funds opened new positions, 5 closed out, 13 added to existing stakes and 10 trimmed.

The largest buyer was UBS Group, opening a new position worth an estimated $4.55M. The largest seller was Jane Street, exiting entirely with an estimated $3.31M sold.

  • 33 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q3 2017, down from 35 in Q2 2017.
  • Funds reported $58.7M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q3 2017, down 4.6% quarter-over-quarter.
  • 5 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q3 2017 and 5 closed out, a net change of 0 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q3 2017 was UBS Group, an estimated $4.55M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q3 2017 was Jane Street, an estimated $3.31M sold.

Based on aggregated 13F filings for Q3 2017.