First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
13 hedge funds and large institutions have $3.82M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
63% more funds holding
Funds holding: 8 → 13 (+5)
2% less capital invested
Capital invested by funds: $3.91M → $3.82M (-$90K)
1.75% less ownership
Funds ownership: 44.42% → 42.66% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$622K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$605K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$552K |
| 4 |
Jane Street
New York
|
+$362K |
| 5 |
QWM
QP Wealth Management
Eatontown,
New Jersey
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.8M |
| 2 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$98K |
MFLX Hedge Fund Activity: Q1 2020 in Review
13 of the 4,539 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 2020, worth a combined $3.82M — down 2.3% from $3.91M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MFLX positions and 1 closed out — a net gain of 7 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $622K. The largest seller was Bank of America, cutting an estimated $2.8M.
- 13 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q1 2020, up from 8 in Q4 2019.
- Funds reported $3.82M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q1 2020, down 2.3% quarter-over-quarter.
- 8 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q1 2020 and 1 closed out, a net change of +7 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $622K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q1 2020 was Bank of America, an estimated $2.8M sold.
Based on aggregated 13F filings for Q1 2020.