First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Posted by on Jul 11th, 2026

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.16 and traded as high as $17.35. First Trust Flexible Municipal High Income ETF shares last traded at $17.3050, with a volume of 55,429 shares trading hands.

First Trust Flexible Municipal High Income ETF Price Performance

The stock’s 50 day moving average is $17.25 and its 200-day moving average is $17.16. The company has a market capitalization of $19.90 million, a P/E ratio of 16.97 and a beta of 0.38.

First Trust Flexible Municipal High Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.061 per share. The ex-dividend date was Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. First Trust Flexible Municipal High Income ETF’s dividend payout ratio is 68.63%.

Institutional Investors Weigh In On First Trust Flexible Municipal High Income ETF

Several hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new stake in First Trust Flexible Municipal High Income ETF in the fourth quarter worth $204,000. Cetera Investment Advisers raised its holdings in First Trust Flexible Municipal High Income ETF by 17.8% in the second quarter. Cetera Investment Advisers now owns 13,106 shares of the technology company’s stock worth $217,000 after purchasing an additional 1,979 shares in the last quarter. BDFS Capital LLC purchased a new position in First Trust Flexible Municipal High Income ETF during the fourth quarter valued at $298,000. Independent Financial Group LLC purchased a new stake in shares of First Trust Flexible Municipal High Income ETF in the 1st quarter worth about $302,000. Finally, Benjamin Edwards Inc. grew its position in shares of First Trust Flexible Municipal High Income ETF by 69.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 22,156 shares of the technology company’s stock worth $367,000 after buying an additional 9,046 shares during the period. 31.03% of the stock is currently owned by institutional investors.

About First Trust Flexible Municipal High Income ETF

(Get Free Report)

Multi-Fineline Electronix, Inc is engaged in the engineering, design and manufacture of flexible circuit boards along with related component assemblies. The Company provides flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company provides its solutions to original equipment manufacturers (OEMs) and to electronic manufacturing services (EMS) providers. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.

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