First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
8 hedge funds and large institutions have $10M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more funds holding
Funds holding: 7 → 8 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
0.03% less ownership
Funds ownership: 76.4% → 76.36% (-0.03%)
1% less capital invested
Capital invested by funds: $10.1M → $10M (-$117K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$192K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$138K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$80.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$278K |
| 2 |
Jane Street
New York
|
-$96.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$55.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $6.54M | +$192K | +10,193 | +3% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.8M | +$80.3K | +4,263 | +3% |
|
|
3
Jane Street
New York
| $302K | -$96.8K | -5,140 | -24% |
|
|
RIA
4
Regal Investment Advisors
Kentwood,
Michigan
| $195K | – | – | – |
|
|
FAAS
5
First Allied Advisory Services
San Diego,
California
| $141K | +$138K | +7,319 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $23K | -$55.8K | -2,964 | -71% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | +$13.2K | +700 | New |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$278K | -14,606 | Closed |
|
MFLX Hedge Fund Activity: Q4 2017 in Review
8 of the 4,409 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 2017, worth a combined $10M — down 1.2% from $10.1M 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 2 trimmed.
The largest buyer was Cardan Capital Partners, adding an estimated $192K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $278K sold.
- 8 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q4 2017, up from 7 in Q3 2017.
- Funds reported $10M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q4 2017, down 1.2% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q4 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 Q4 2017 was Cardan Capital Partners, an estimated $192K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q4 2017 was Susquehanna International Group, an estimated $278K sold.
Based on aggregated 13F filings for Q4 2017.