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First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF

20 hedge funds and large institutions have $7.53M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

70% more capital invested

Capital invested by funds: $4.44M → $7.53M (+$3.09M)

43% more funds holding

Funds holding: 1420 (+6)

8.2% more ownership

Funds ownership: 31.99%40.19% (+8.2%)

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

Holders
20
Holders Change
+6
Holders Change %
+42.86%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
3
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Howard Capital Management
Georgia
$1.78M +$1.84M +85,684 New
Osaic Holdings
2
Osaic Holdings
Arizona
$1.56M +$722K +33,645 +81%
Cambridge Investment Research Advisors
3
Cambridge Investment Research Advisors
Iowa
$732K -$119K -5,526 -14%
HW
4
Hedeker Wealth
Illinois
$468K +$482K +22,481 New
QWM
5
QP Wealth Management
New Jersey
$417K
CIAS
6
Capital Investment Advisory Services
North Carolina
$339K +$71.3K +3,320 +26%
OMC
7
Old Mission Capital
Illinois
$296K
Citadel Advisors
8
Citadel Advisors
Florida
$291K -$123K -5,744 -29%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$274K +$282K +13,159 New
IA
10
IFP Advisors
Florida
$269K -$12.8K -597 -4%
HT
11
HAP Trading
New York
$264K +$39.6K +1,847 +17%
KAS
12
Kestra Advisory Services
Texas
$215K +$221K +10,305 New
TI
13
Tidal Investments
Wisconsin
$208K
APA
14
American Portfolios Advisors
New York
$111K -$2.98K -139 -3%
US Bancorp
15
US Bancorp
Minnesota
$73K +$74.8K +3,486 New
TCWM
16
Total Clarity Wealth Management
Illinois
$73K +$75.1K +3,500 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$67K
GWM
18
Geneos Wealth Management
Colorado
$52K
CAPTRUST Financial Advisors
19
CAPTRUST Financial Advisors
North Carolina
$21K +$21.5K +1,000 New
HI
20
Harbour Investments
Wisconsin
$15K +$15K +700 New
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
-$284K -13,313 Closed
UBS Group
22
UBS Group
Switzerland
-$1K -40 Closed

MFLX Hedge Fund Activity: Q3 2021 in Review

20 of the 5,712 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 2021, worth a combined $7.53M — up 70% from $4.44M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MFLX positions and 2 closed out — a net gain of 6 holders — while 3 added to existing stakes and 4 trimmed.

The largest buyer was Howard Capital Management, opening a new position worth an estimated $1.84M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $284K sold.

  • 20 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q3 2021, up from 14 in Q2 2021.
  • Funds reported $7.53M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q3 2021, up 70% quarter-over-quarter.
  • 8 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q3 2021 and 2 closed out, a net change of +6 holders.
  • The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q3 2021 was Howard Capital Management, an estimated $1.84M added.
  • The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q3 2021 was Susquehanna International Group, an estimated $284K sold.

Based on aggregated 13F filings for Q3 2021.