First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
4 hedge funds and large institutions have $5.5M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
300% more funds holding
Funds holding: 1 → 4 (+3)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
174% more capital invested
Capital invested by funds: $2.01M → $5.5M (+$3.49M)
85.18% more ownership
Funds ownership: 0% → 85.18% (+85%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$4.97M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$510K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$56K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $4.91M | +$4.97M | +266,290 | New |
|
|
2
Bank of America
Charlotte,
North Carolina
| $504K | +$510K | +27,351 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $55K | +$56K | +3,000 | New |
|
|
NFG
4
Next Financial Group
Houston,
Texas
| $28K | +$28K | +1,500 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.01M | -99,749 | Closed |
|
MFLX Hedge Fund Activity: Q4 2016 in Review
4 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) for Q4 2016, worth a combined $5.5M — up 174% from $2.01M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MFLX positions and 1 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Cardan Capital Partners, opening a new position worth an estimated $4.97M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.01M sold.
- 4 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q4 2016, up from 1 in Q3 2016.
- Funds reported $5.5M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q4 2016, up 174% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q4 2016 and 1 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q4 2016 was Cardan Capital Partners, an estimated $4.97M added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q4 2016 was Susquehanna International Group, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2016.