First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
7 hedge funds and large institutions have $10.1M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 0 closing their positions.
40% more funds holding
Funds holding: 5 → 7 (+2)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
3% less capital invested
Capital invested by funds: $10.5M → $10.1M (-$362K)
9.12% less ownership
Funds ownership: 85.52% → 76.4% (-9.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$407K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$280K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$144K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$80.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$776K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $6.42M | -$776K | -40,497 | -11% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.75M | +$144K | +7,519 | +5% |
|
|
3
Jane Street
New York
| $408K | +$407K | +21,260 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $278K | +$280K | +14,606 | New |
|
|
RIA
5
Regal Investment Advisors
Kentwood,
Michigan
| $197K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $80K | +$80.5K | +4,204 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | – | – | – |
|
MFLX Hedge Fund Activity: Q3 2017 in Review
7 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 Q3 2017, worth a combined $10.1M — down 3.4% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MFLX positions and 0 closed out — a net gain of 3 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $407K. The largest seller was Cardan Capital Partners, cutting an estimated $776K.
- 7 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q3 2017, up from 5 in Q2 2017.
- Funds reported $10.1M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q3 2017, down 3.4% quarter-over-quarter.
- 3 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q3 2017 and 0 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 Q3 2017 was Jane Street, an estimated $407K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q3 2017 was Cardan Capital Partners, an estimated $776K sold.
Based on aggregated 13F filings for Q3 2017.