Foundations Investment Advisors Reveals 5.5% Ownership in First Trust ETF
The passive investment underscores institutional demand for the fund without signaling control intentions.
July 29, 2025
Arizona Firm Takes Substantial Stake in First Trust Exchange-Traded Fund VIII
Foundations Investment Advisors has taken a 5.5% stake in First Trust Exchange-Traded Fund VIII, holding 331,884 shares as of June 30. The firm disclosed the position in a Schedule 13G filed with the SEC.
This isn’t an activist move. The filing makes clear that the shares are held for investment purposes , with no intent to influence management. The firm retains full discretion to sell the position but has no voting rights attached to it.
Foundations, based in Phoenix, filed under Rule 13d-1(b), which applies to institutional investors holding more than 5% of a public security. The rule is designed for advisers who build meaningful positions but remain passive in their approach. That’s exactly what this is.
The firm manages the shares directly and didn’t report any affiliated entities. All disposition authority remains with Foundations, and there’s no indication of shared ownership or group activity. The shares fall within the broader class of exchange-traded products issued by First Trust, a lineup that continues to draw institutional attention.
The CUSIP for the position is 33740F250. No special rights or triggers apply here—it’s a clean holding, reported in line with standard SEC rules. The certification confirms it was acquired in the ordinary course of business.
The filing was signed by Chief Compliance Officer Marc Pugsley and dated July 28, 2025.
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