First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
8 hedge funds and large institutions have $3.91M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2019 Q4 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.
4.92% more ownership
Funds ownership: 39.5% → 44.42% (+4.9%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
7% less capital invested
Capital invested by funds: $4.23M → $3.91M (-$316K)
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 |
AG
Advisor Group
Phoenix,
Arizona
|
+$161K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$126K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$69.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$355K |
| 2 |
SCA
Snowden Capital Advisors
New York
|
-$309K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$54.8K |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$51K |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $2.95M | +$69.3K | +3,570 | +2% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $235K | -$355K | -18,322 | -60% |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $232K | -$54.8K | -2,826 | -20% |
|
|
AG
4
Advisor Group
Phoenix,
Arizona
| $168K | +$161K | +8,309 | +2,968% |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $127K | +$126K | +6,472 | New |
|
|
TCWM
6
Total Clarity Wealth Management
St. Charles,
Illinois
| $98K | +$97K | +5,000 | New |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $83K | – | – | – |
|
|
CIAS
8
Capital Investment Advisory Services
Raleigh,
North Carolina
| $20K | – | – | – |
|
|
SCA
9
Snowden Capital Advisors
New York
| – | -$309K | -15,864 | Closed |
|
|
AIC
10
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$51K | -2,635 | Closed |
|
|
PFGIA
11
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$21K | -1,058 | Closed |
|
MFLX Hedge Fund Activity: Q4 2019 in Review
8 of the 5,075 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 Q4 2019, worth a combined $3.91M — down 7.5% from $4.23M 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 Advisor Group, adding an estimated $161K. The largest seller was Susquehanna International Group, cutting an estimated $355K.
- 8 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q4 2019, down from 9 in Q3 2019.
- Funds reported $3.91M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q4 2019, down 7.5% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q4 2019 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 Q4 2019 was Advisor Group, an estimated $161K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q4 2019 was Susquehanna International Group, an estimated $355K sold.
Based on aggregated 13F filings for Q4 2019.