First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
6 hedge funds and large institutions have $8.08M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
5% less capital invested
Capital invested by funds: $8.5M → $8.08M (-$424K)
2.14% less ownership
Funds ownership: 63.42% → 61.29% (-2.1%)
25% less funds holding
Funds holding: 8 → 6 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$248K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$18.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$340K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$214K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$16.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $4.96M | -$16.1K | -900 | -0.3% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.87M | +$248K | +13,890 | +9% |
|
|
IA
3
IFP Advisors
Tampa,
Florida
| $114K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $91K | +$16.9K | +949 | +22% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $31K | +$18.6K | +1,040 | +149% |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$340K | -19,037 | Closed |
|
|
8
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$214K | -11,978 | Closed |
|
MFLX Hedge Fund Activity: Q3 2018 in Review
6 of the 4,375 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 2018, worth a combined $8.08M — down 5% from $8.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MFLX and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $248K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $340K sold.
- 6 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q3 2018, down from 8 in Q2 2018.
- Funds reported $8.08M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q3 2018, down 5% quarter-over-quarter.
- 0 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q3 2018 and 2 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q3 2018 was Bank of America, an estimated $248K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q3 2018 was Susquehanna International Group, an estimated $340K sold.
Based on aggregated 13F filings for Q3 2018.