First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
14 hedge funds and large institutions have $5.2M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
3.81% less ownership
Funds ownership: 34.21% → 30.4% (-3.8%)
22% less funds holding
Funds holding: 18 → 14 (-4)
24% less capital invested
Capital invested by funds: $6.87M → $5.2M (-$1.67M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
+$1.24M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$153K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$88.7K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$63.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$1.85M |
| 2 |
SPA
Shore Point Advisors
Brielle,
New Jersey
|
-$125K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$75.4K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$51K |
| 5 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$48K |
MFLX Hedge Fund Activity: Q1 2022 in Review
14 of the 6,340 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 2022, worth a combined $5.2M — down 24% from $6.87M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFLX and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Hedeker Wealth, adding an estimated $1.24M. The largest seller was Howard Capital Management, exiting entirely with an estimated $1.85M sold.
- 14 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q1 2022, down from 18 in Q4 2021.
- Funds reported $5.2M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q1 2022, down 24% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q1 2022 and 5 closed out, a net change of -3 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q1 2022 was Hedeker Wealth, an estimated $1.24M added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q1 2022 was Howard Capital Management, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2022.