First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
12 hedge funds and large institutions have $2.54M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
1.92% less ownership
Funds ownership: 22.39% → 20.47% (-1.9%)
14% less funds holding
Funds holding: 14 → 12 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36% less capital inflows, than outflows
Capital inflows: $422K | Capital outflows: $661K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$203K |
| 2 |
Hedeker Wealth
Lincolnshire,
Illinois
|
+$158K |
| 3 |
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$49.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.32K |
| 5 |
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$4.64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$326K |
| 2 |
Old Mission Capital
Chicago,
Illinois
|
-$192K |
| 3 |
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$64K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$57.7K |
| 5 |
Belpointe Asset Management
Reno,
Nevada
|
-$9.21K |
MFLX Hedge Fund Activity: Q2 2023 in Review
12 of the 6,389 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 2023, worth a combined $2.54M — down 9% from $2.79M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MFLX and 4 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $203K. The largest seller was Susquehanna International Group, cutting an estimated $326K.
- 12 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q2 2023, down from 14 in Q1 2023.
- Funds reported $2.54M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q2 2023, down 9% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q2 2023 and 6 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 Q2 2023 was Envestnet Asset Management, an estimated $203K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q2 2023 was Susquehanna International Group, an estimated $326K sold.
Based on aggregated 13F filings for Q2 2023.