First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
4 hedge funds and large institutions have $7.18M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
31% more capital invested
Capital invested by funds: $5.5M → $7.18M (+$1.68M)
25.49% more ownership
Funds ownership: 85.18% → 110.67% (+25%)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.78M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$776K |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
-$28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $4.16M | -$776K | -41,981 | -16% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.29M | +$1.78M | +96,511 | +353% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $670K | +$669K | +36,182 | New |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $56K | – | – | – |
|
|
NFG
5
Next Financial Group
Houston,
Texas
| – | -$28K | -1,500 | Closed |
|
MFLX Hedge Fund Activity: Q1 2017 in Review
4 of the 4,017 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 Q1 2017, worth a combined $7.18M — up 31% from $5.5M a quarter earlier.
Fund positioning in MFLX was balanced in Q1 2017: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 1 trimmed.
The largest buyer was Bank of America, adding an estimated $1.78M. The largest seller was Cardan Capital Partners, cutting an estimated $776K.
- 4 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $7.18M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q1 2017, up 31% quarter-over-quarter.
- 1 fund opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q1 2017 and 1 closed out, a net change of 0 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q1 2017 was Bank of America, an estimated $1.78M added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q1 2017 was Cardan Capital Partners, an estimated $776K sold.
Based on aggregated 13F filings for Q1 2017.