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

18 hedge funds and large institutions have $6.87M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.99% less ownership

Funds ownership: 40.19%34.21% (-6%)

9% less capital invested

Capital invested by funds: $7.53M → $6.87M (-$664K)

10% less funds holding

Funds holding: 2018 (-2)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
18
Holders Change
-2
Holders Change %
-10%
% of All Funds
0.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Howard Capital Management
Georgia
$1.85M +$38.4K +1,845 +2%
Osaic Holdings
2
Osaic Holdings
Arizona
$1.44M -$142K -6,836 -9%
Cambridge Investment Research Advisors
3
Cambridge Investment Research Advisors
Iowa
$803K +$58.9K +2,829 +8%
HW
4
Hedeker Wealth
Illinois
$710K +$232K +11,127 +49%
QWM
5
QP Wealth Management
New Jersey
$406K -$16.7K -800 -4%
CIAS
6
Capital Investment Advisory Services
North Carolina
$347K +$2.6K +125 +0.8%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$278K
IA
8
IFP Advisors
Florida
$260K -$11.5K -554 -4%
OMC
9
Old Mission Capital
Illinois
$250K -$50K -2,400 -17%
SPA
10
Shore Point Advisors
New Jersey
$125K +$123K +5,899 New
APA
11
American Portfolios Advisors
New York
$113K
US Bancorp
12
US Bancorp
Minnesota
$74K
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$69K
GWM
14
Geneos Wealth Management
Colorado
$51K -$2.08K -100 -4%
TCWM
15
Total Clarity Wealth Management
Illinois
$48K -$26K -1,250 -36%
CAPTRUST Financial Advisors
16
CAPTRUST Financial Advisors
North Carolina
$21K
HI
17
Harbour Investments
Wisconsin
$15K
SCA
18
Snowden Capital Advisors
New York
$6K +$6.25K +300 New
Citadel Advisors
19
Citadel Advisors
Florida
-$291K -13,975 Closed
HT
20
HAP Trading
New York
-$264K -12,667 Closed
KAS
21
Kestra Advisory Services
Texas
-$215K -10,305 Closed
TI
22
Tidal Investments
Wisconsin
-$208K -10,000 Closed

MFLX Hedge Fund Activity: Q4 2021 in Review

18 of the 6,498 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 2021, worth a combined $6.87M — down 8.8% from $7.53M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of MFLX and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.

The largest buyer was Hedeker Wealth, adding an estimated $232K. The largest seller was Citadel Advisors, exiting entirely with an estimated $291K sold.

  • 18 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q4 2021, down from 20 in Q3 2021.
  • Funds reported $6.87M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q4 2021, down 8.8% quarter-over-quarter.
  • 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q4 2021 and 4 closed out, a net change of -2 holders.
  • The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q4 2021 was Hedeker Wealth, an estimated $232K added.
  • The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q4 2021 was Citadel Advisors, an estimated $291K sold.

Based on aggregated 13F filings for Q4 2021.