First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 42.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 227,085 shares of the company’s stock after purchasing an additional 67,730 shares during the quarter. Assetmark Inc. owned about 3.07% of First Trust Active Factor Large Cap ETF worth $7,650,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in First Trust Active Factor Large Cap ETF by 41.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 692,678 shares of the company’s stock valued at $23,336,000 after buying an additional 201,302 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Active Factor Large Cap ETF by 63.3% in the 1st quarter. Cetera Investment Advisers now owns 214,460 shares of the company’s stock worth $7,225,000 after acquiring an additional 83,099 shares during the period. Kestra Private Wealth Services LLC bought a new position in shares of First Trust Active Factor Large Cap ETF in the first quarter valued at approximately $4,612,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of First Trust Active Factor Large Cap ETF by 134.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 132,265 shares of the company’s stock valued at $4,456,000 after acquiring an additional 75,858 shares during the period. Finally, AE Wealth Management LLC increased its stake in shares of First Trust Active Factor Large Cap ETF by 42.4% during the first quarter. AE Wealth Management LLC now owns 93,417 shares of the company’s stock valued at $3,147,000 after acquiring an additional 27,807 shares during the period.

First Trust Active Factor Large Cap ETF Price Performance

AFLG opened at $37.10 on Monday. The company has a market capitalization of $358.02 million, a price-to-earnings ratio of 20.95 and a beta of 0.98. First Trust Active Factor Large Cap ETF has a 1-year low of $29.11 and a 1-year high of $37.13. The business has a 50 day moving average price of $35.79 and a two-hundred day moving average price of $34.67.

First Trust Active Factor Large Cap ETF Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.