Financial Partners Group Inc grew its position in First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report) by 14.6% during the fourth quarter, Holdings Channel reports. The firm owned 227,133 shares of the company’s stock after acquiring an additional 28,880 shares during the period. First Trust Municipal High Income ETF makes up approximately 1.3% of Financial Partners Group Inc’s portfolio, making the stock its 22nd largest position. Financial Partners Group Inc’s holdings in First Trust Municipal High Income ETF were worth $10,910,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of FMHI. Farther Finance Advisors LLC increased its holdings in shares of First Trust Municipal High Income ETF by 21.3% in the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $57,000 after purchasing an additional 212 shares during the period. Camelot Portfolios LLC acquired a new position in shares of First Trust Municipal High Income ETF in the fourth quarter valued at about $96,000. Hughes Financial Services LLC increased its holdings in shares of First Trust Municipal High Income ETF by 25.7% in the third quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock valued at $148,000 after purchasing an additional 629 shares during the period. CoreCap Advisors LLC increased its holdings in shares of First Trust Municipal High Income ETF by 243.8% in the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock valued at $182,000 after purchasing an additional 2,689 shares during the period. Finally, Clear Creek Financial Management LLC acquired a new position in shares of First Trust Municipal High Income ETF in the third quarter valued at about $200,000.
First Trust Municipal High Income ETF Price Performance
Shares of FMHI stock opened at $48.17 on Friday. The stock’s 50-day simple moving average is $48.02 and its 200-day simple moving average is $48.04. First Trust Municipal High Income ETF has a fifty-two week low of $45.83 and a fifty-two week high of $48.73.
First Trust Municipal High Income ETF Dividend Announcement
First Trust Municipal High Income ETF Profile
The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.
See Also
Want to see what other hedge funds are holding FMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report).
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