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First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF

70 hedge funds and large institutions have $268M invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 6

50% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 16

40% more funds holding

Funds holding: 5070 (+20)

32% more capital invested

Capital invested by funds: $202M → $268M (+$65.3M)

19.32% more ownership

Funds ownership: 57.43%76.75% (+19%)

Holders
70
Holders Change
+20
Holders Change %
+40%
% of All Funds
1.74%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
27
Increased
24
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$91.4M +$17.3M +331,938 +23%
AWMS
2
Advocacy Wealth Management Services
Georgia
$18.7M +$18.7M +358,756 New
LPL Financial
3
LPL Financial
California
$15.7M -$1.32M -25,324 -8%
Bank of America
4
Bank of America
North Carolina
$13.4M +$1.45M +27,851 +12%
MMA
5
Miracle Mile Advisors
California
$10.8M +$5.76M +110,293 +113%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$10.7M +$7.16M +137,198 +199%
FTUS
7
Flow Traders U.S.
New York
$8.84M +$5.33M +102,090 +151%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$7.82M +$1.14M +21,817 +17%
PAG
9
Pinnacle Advisory Group
Maryland
$6.92M +$6.94M +132,949 New
FIM
10
Freedom Investment Management
Connecticut
$6.53M +$82.6K +1,583 +1%
RJA
11
Raymond James & Associates
Florida
$6.44M +$5.49M +105,289 +572%
BFG
12
Beacon Financial Group
Texas
$6.31M +$1.73M +33,073 +38%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$5.19M +$718K +13,753 +16%
Stifel Financial
14
Stifel Financial
Missouri
$4.18M -$160K -3,067 -4%
Jane Street
15
Jane Street
New York
$3.8M +$3.81M +72,984 New
First Trust Advisors
16
First Trust Advisors
Illinois
$3.63M +$3.01M +57,728 +481%
AG
17
Advisor Group
Arizona
$3.06M +$557K +10,676 +22%
GWM
18
Geneos Wealth Management
Colorado
$2.84M -$514K -9,846 -15%
FCAG
19
First Capital Advisors Group
New Jersey
$2.77M +$551K +10,549 +25%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$2.47M +$2.47M +47,400 New
FHC
21
First Heartland Consultants
Missouri
$2.36M -$79.6K -1,525 -3%
FAAS
22
First Allied Advisory Services
California
$2.28M -$120K -2,294 -3%
SIM
23
SSI Investment Management
California
$2.17M -$1.32M -25,305 -38%
SCA
24
Snowden Capital Advisors
New York
$2.08M -$894K -17,130 -30%
BWM
25
BerganKDV Wealth Management
Minnesota
$2.04M -$63.7K -1,220 -3%

LMBS Hedge Fund Activity: Q1 2017 in Review

70 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) for Q1 2017, worth a combined $268M — up 32% from $202M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new LMBS positions and 6 closed out — a net gain of 21 holders — while 24 added to existing stakes and 16 trimmed.

The largest buyer was Advocacy Wealth Management Services, opening a new position worth an estimated $18.7M. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $10.6M sold.

  • 70 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q1 2017, up from 50 in Q4 2016.
  • Funds reported $268M of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q1 2017, up 32% quarter-over-quarter.
  • 27 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q1 2017 and 6 closed out, a net change of +21 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q1 2017 was Advocacy Wealth Management Services, an estimated $18.7M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q1 2017 was Mariner Independent Advisor Network, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2017.