First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
23 hedge funds and large institutions have $7.31M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2025 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
21% more funds holding
Funds holding: 19 → 23 (+4)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
12% more capital invested
Capital invested by funds: $6.53M → $7.31M (+$776K)
3.59% more ownership
Funds ownership: 45.41% → 49% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$261K |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$214K |
| 3 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$213K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$209K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$218K |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$178K |
| 3 |
BWA
BlueChip Wealth Advisors
Milton,
Georgia
|
-$82.7K |
| 4 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
-$14.3K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$8.28K |
MFLX Hedge Fund Activity: Q2 2025 in Review
23 of the 7,614 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 2025, worth a combined $7.31M — up 12% from $6.53M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MFLX positions and 2 closed out — a net gain of 4 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was RFG Advisory, opening a new position worth an estimated $261K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $218K sold.
- 23 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q2 2025, up from 19 in Q1 2025.
- Funds reported $7.31M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q2 2025, up 12% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q2 2025 and 2 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q2 2025 was RFG Advisory, an estimated $261K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q2 2025 was Susquehanna International Group, an estimated $218K sold.
Based on aggregated 13F filings for Q2 2025.