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

33 hedge funds and large institutions have $45.1M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 11

4.62% less ownership

Funds ownership: 58.91%54.29% (-4.6%)

5% less capital invested

Capital invested by funds: $47.5M → $45.1M (-$2.41M)

6% less funds holding

Funds holding: 3533 (-2)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
33
Holders Change
-2
Holders Change %
-5.71%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
13
Reduced
11
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
$11.8M +$164K +3,314 +1%
UBS Group
2
UBS Group
Switzerland
$9.37M +$878K +17,727 +10%
LPL Financial
3
LPL Financial
California
$4.24M +$326K +6,575 +8%
RFWA
4
RPg Family Wealth Advisory
Massachusetts
$2.48M +$30K +605 +1%
AG
5
Advisor Group
Arizona
$2.31M -$93.4K -1,884 -4%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$2.07M -$2.43K -49 -0.1%
Jane Street
7
Jane Street
New York
$2.02M +$2.04M +41,166 New
FAAS
8
First Allied Advisory Services
California
$1.88M -$174K -3,512 -8%
DADC
9
D.A. Davidson & Co
Montana
$1.58M +$136K +2,750 +9%
AIM
10
Advantage Investment Management
Iowa
$1.28M -$12.6K -254 -1%
FAIM
11
Financial Advocates Investment Management
Washington
$900K +$694 +14 +0.1%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$894K +$104K +2,089 +13%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$840K +$247K +4,979 +41%
NWM
14
Northwest Wealth Management
Iowa
$594K -$118K -2,382 -16%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$464K -$1.3M -26,282 -74%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$374K +$74.5K +1,504 +25%
MML Investors Services
17
MML Investors Services
Massachusetts
$373K -$71.4K -1,441 -16%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$319K -$45.9K -927 -12%
Stifel Financial
19
Stifel Financial
Missouri
$283K +$22K +444 +8%
BTS
20
BB&T Securities
Virginia
$217K
CWM
21
Cornerstone Wealth Management
Missouri
$200K -$2.35M -47,379 -82%
GWM
22
Geneos Wealth Management
Colorado
$169K -$57.4K -1,158 -25%
IA
23
IFP Advisors
Florida
$137K -$81.8K -1,651 -37%
SWP
24
Stratos Wealth Partners
Ohio
$96K +$97K +1,957 New
APA
25
American Portfolios Advisors
New York
$50.7K +$3.96K +80 +8%

HISF Hedge Fund Activity: Q3 2018 in Review

33 of the 4,374 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 2018, worth a combined $45.1M — down 5.1% from $47.5M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HISF and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 13 added.

The largest buyer was Jane Street, opening a new position worth an estimated $2.04M. The largest seller was Virtu Financial, exiting entirely with an estimated $2.73M sold.

  • 33 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q3 2018, down from 35 in Q2 2018.
  • Funds reported $45.1M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q3 2018, down 5.1% quarter-over-quarter.
  • 3 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q3 2018 and 5 closed out, a net change of -2 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q3 2018 was Jane Street, an estimated $2.04M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q3 2018 was Virtu Financial, an estimated $2.73M sold.

Based on aggregated 13F filings for Q3 2018.