First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
12 hedge funds and large institutions have $2.66M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
8% less funds holding
Funds holding: 13 → 12 (-1)
10.84% less ownership
Funds ownership: 42.66% → 31.82% (-11%)
30% less capital invested
Capital invested by funds: $3.82M → $2.66M (-$1.16M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$89.6K |
| 2 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$56.8K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$15.1K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$14.5K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$986 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$429K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$412K |
| 3 |
Jane Street
New York
|
-$339K |
| 4 |
QWM
QP Wealth Management
Eatontown,
New Jersey
|
-$194K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$48K |
MFLX Hedge Fund Activity: Q2 2020 in Review
12 of the 4,877 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 Q2 2020, worth a combined $2.66M — down 30% from $3.82M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MFLX and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $89.6K. The largest seller was Osaic Holdings, cutting an estimated $429K.
- 12 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q2 2020, down from 13 in Q1 2020.
- Funds reported $2.66M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q2 2020, down 30% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q2 2020 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 Q2 2020 was Cetera Advisor Networks, an estimated $89.6K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q2 2020 was Osaic Holdings, an estimated $429K sold.
Based on aggregated 13F filings for Q2 2020.