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%)
12% less capital invested
Capital invested by funds: $4.72M → $4.17M (-$550K)
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$277K |
| 2 |
SCA
Snowden Capital Advisors
New York
|
+$64.4K |
| 3 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$27.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$562K |
| 2 |
Jane Street
New York
|
-$415K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$186K |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $3.02M | +$277K | +15,350 | +10% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $538K | -$186K | -10,337 | -26% |
|
|
SCA
3
Snowden Capital Advisors
New York
| $368K | +$64.4K | +3,573 | +22% |
|
|
IA
4
IFP Advisors
Tampa,
Florida
| $119K | – | – | – |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $60K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $31K | +$18.2K | +1,012 | +157% |
|
|
PFGIA
7
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $28K | +$27.4K | +1,523 | New |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
CCP
9
Cardan Capital Partners
Denver,
Colorado
| – | -$562K | -32,645 | Closed |
|
|
10
Jane Street
New York
| – | -$415K | -24,070 | Closed |
|
|
AIC
11
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$35K | -2,038 | Closed |
|
MFLX Hedge Fund Activity: Q1 2019 in Review
8 of the 4,621 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.