First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
8 hedge funds and large institutions have $4.17M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
9.53% less ownership
Funds ownership: 54.82% → 45.3% (-9.5%)
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
68% less capital inflows, than outflows
Capital inflows: $387K | Capital outflows: $1.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$277K |
| 2 |
Snowden Capital Advisors
New York
|
+$64.4K |
| 3 |
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$27.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cardan Capital Partners
Denver,
Colorado
|
-$562K |
| 2 |
Jane Street
New York
|
-$415K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$186K |
| 4 |
Ameritas Investment Company
Lincoln,
Nebraska
|
-$35K |
MFLX Hedge Fund Activity: Q1 2019 in Review
8 of the 4,634 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 Q1 2019, worth a combined $4.17M — down 12% from $4.72M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MFLX and 1 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 $277K. The largest seller was Cardan Capital Partners, exiting entirely with an estimated $562K sold.
- 8 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q1 2019, down from 10 in Q4 2018.
- Funds reported $4.17M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q1 2019, down 12% quarter-over-quarter.
- 1 fund opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q1 2019 and 3 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 Q1 2019 was Bank of America, an estimated $277K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q1 2019 was Cardan Capital Partners, an estimated $562K sold.
Based on aggregated 13F filings for Q1 2019.