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

85 hedge funds and large institutions have $454M invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 15

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

33% more capital invested

Capital invested by funds: $340M → $454M (+$114M)

8% more funds holding

Funds holding: 7985 (+6)

1.66% more ownership

Funds ownership: 55.6%57.26% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
85
Holders Change
+6
Holders Change %
+7.59%
% of All Funds
2.12%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
16
Increased
51
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$139M +$38.3M +735,046 +38%
AWMS
2
Advocacy Wealth Management Services
Georgia
$35.8M +$11.1M +213,143 +45%
PAG
3
Pinnacle Advisory Group
Maryland
$25.7M +$461K +8,839 +2%
UBS Group
4
UBS Group
Switzerland
$23.8M +$13.5M +258,316 +129%
Bank of America
5
Bank of America
North Carolina
$23.4M +$1.21M +23,154 +5%
LPL Financial
6
LPL Financial
California
$19.4M +$1.76M +33,862 +10%
UCFA
7
United Capital Financial Advisors
Texas
$15.2M +$15.2M +291,488 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$14M +$5.75M +110,287 +69%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$13.7M +$2.53M +48,617 +23%
MMA
10
Miracle Mile Advisors
California
$11M +$95.1K +1,825 +0.9%
RJA
11
Raymond James & Associates
Florida
$10M +$1.39M +26,607 +16%
BFG
12
Beacon Financial Group
Texas
$7.67M +$587K +11,264 +8%
FIM
13
Freedom Investment Management
Connecticut
$7.14M +$265K +5,091 +4%
SI
14
SII Investments
Wisconsin
$6.85M +$666K +12,782 +11%
Stifel Financial
15
Stifel Financial
Missouri
$5.47M +$776K +14,889 +17%
SCA
16
Snowden Capital Advisors
New York
$5.23M +$446K +8,558 +9%
SIM
17
SSI Investment Management
California
$4.94M +$265K +5,085 +6%
FCAG
18
First Capital Advisors Group
New Jersey
$4.62M +$736K +14,127 +19%
MML Investors Services
19
MML Investors Services
Massachusetts
$4.46M +$266K +5,104 +6%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$4.36M +$2.51M +48,240 +136%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$3.98M +$2.02M +38,807 +103%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$3.83M -$1.09M -20,917 -22%
IH
23
IFC Holdings
Florida
$3.72M +$913K +17,528 +32%
Citigroup
24
Citigroup
New York
$3.68M +$3.68M +70,699 New
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$3.57M +$198K +3,794 +6%

LMBS Hedge Fund Activity: Q3 2017 in Review

85 of the 4,011 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 Q3 2017, worth a combined $454M — up 33% from $340M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new LMBS positions and 10 closed out — a net gain of 6 holders — while 51 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $38.3M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.09M.

  • 85 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q3 2017, up from 79 in Q2 2017.
  • Funds reported $454M of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q3 2017, up 33% quarter-over-quarter.
  • 16 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q3 2017 and 10 closed out, a net change of +6 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q3 2017 was Morgan Stanley, an estimated $38.3M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q3 2017 was Janney Montgomery Scott, an estimated $1.09M sold.

Based on aggregated 13F filings for Q3 2017.