First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
8 hedge funds and large institutions have $8.5M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
3% less capital invested
Capital invested by funds: $8.79M → $8.5M (-$294K)
2.39% less ownership
Funds ownership: 65.82% → 63.42% (-2.4%)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$247K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$213K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$115K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$68.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$570K |
| 2 |
Jane Street
New York
|
-$188K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$185K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$19.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$570 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $5.06M | +$247K | +13,840 | +5% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.67M | -$570 | -32 | -0% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $340K | +$68.7K | +3,855 | +25% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $214K | +$213K | +11,978 | New |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $116K | +$115K | +6,472 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $76K | -$19.8K | -1,110 | -21% |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
VF
9
Virtu Financial
New York
| – | -$570K | -31,972 | Closed |
|
|
10
Jane Street
New York
| – | -$188K | -10,574 | Closed |
|
|
RIA
11
Regal Investment Advisors
Kentwood,
Michigan
| – | -$185K | -10,400 | Closed |
|
MFLX Hedge Fund Activity: Q2 2018 in Review
8 of the 4,369 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 2018, worth a combined $8.5M — down 3.3% from $8.79M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MFLX and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Cardan Capital Partners, adding an estimated $247K. The largest seller was Virtu Financial, exiting entirely with an estimated $570K sold.
- 8 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q2 2018, down from 9 in Q1 2018.
- Funds reported $8.5M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q2 2018, down 3.3% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q2 2018 and 3 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 2018 was Cardan Capital Partners, an estimated $247K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q2 2018 was Virtu Financial, an estimated $570K sold.
Based on aggregated 13F filings for Q2 2018.