First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
9 hedge funds and large institutions have $4.23M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
5.82% less ownership
Funds ownership: 45.32% → 39.5% (-5.8%)
10% less funds holding
Funds holding: 10 → 9 (-1)
10% less capital invested
Capital invested by funds: $4.72M → $4.23M (-$495K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$169K |
| 2 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$51K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$370K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$208K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$163K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
-$80K |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$11.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $2.87M | -$163K | -8,416 | -5% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $593K | -$370K | -19,126 | -39% |
|
|
SCA
3
Snowden Capital Advisors
New York
| $309K | -$80K | -4,132 | -21% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $281K | +$169K | +8,725 | +153% |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $82K | – | – | – |
|
|
AIC
6
Ameritas Investment Company
Lincoln,
Nebraska
| $51K | +$51K | +2,635 | New |
|
|
PFGIA
7
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $21K | -$11.2K | -579 | -35% |
|
|
CIAS
8
Capital Investment Advisory Services
Raleigh,
North Carolina
| $19K | – | – | – |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $5K | +$1.59K | +82 | +41% |
|
|
10
Stifel Financial
St. Louis,
Missouri
| – | -$208K | -10,940 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$5K | -280 | Closed |
|
MFLX Hedge Fund Activity: Q3 2019 in Review
9 of the 4,560 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 2019, worth a combined $4.23M — down 10% from $4.72M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MFLX and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $169K. The largest seller was Susquehanna International Group, cutting an estimated $370K.
- 9 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q3 2019, down from 10 in Q2 2019.
- Funds reported $4.23M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q3 2019, down 10% quarter-over-quarter.
- 1 fund opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q3 2019 and 2 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 Q3 2019 was Ladenburg Thalmann Financial Services, an estimated $169K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q3 2019 was Susquehanna International Group, an estimated $370K sold.
Based on aggregated 13F filings for Q3 2019.