First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
5 hedge funds and large institutions have $10.5M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
46% more capital invested
Capital invested by funds: $7.18M → $10.5M (+$3.32M)
25% more funds holding
Funds holding: 4 → 5 (+1)
25.15% less ownership
Funds ownership: 110.67% → 85.52% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$2.93M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$256K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$196K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$7.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$151K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $7.17M | +$2.93M | +155,185 | +69% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.6M | +$256K | +13,537 | +11% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $531K | -$151K | -8,011 | -22% |
|
|
RIA
4
Regal Investment Advisors
Kentwood,
Michigan
| $196K | +$196K | +10,400 | New |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | +$7.55K | +400 | New |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$56K | -3,000 | Closed |
|
MFLX Hedge Fund Activity: Q2 2017 in Review
5 of the 4,011 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 Q2 2017, worth a combined $10.5M — up 46% from $7.18M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MFLX positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Cardan Capital Partners, adding an estimated $2.93M. The largest seller was Virtu KCG Holdings, cutting an estimated $151K.
- 5 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q2 2017, up from 4 in Q1 2017.
- Funds reported $10.5M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q2 2017, up 46% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q2 2017 and 1 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q2 2017 was Cardan Capital Partners, an estimated $2.93M added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q2 2017 was Virtu KCG Holdings, an estimated $151K sold.
Based on aggregated 13F filings for Q2 2017.