First Trust Active Factor Large Cap ETF $AFLG Shares Acquired by IFP Advisors Inc

IFP Advisors Inc lifted its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 33.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,992 shares of the company’s stock after buying an additional 16,681 shares during the quarter. IFP Advisors Inc owned approximately 0.69% of First Trust Active Factor Large Cap ETF worth $2,396,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Gentry Private Wealth LLC raised its stake in shares of First Trust Active Factor Large Cap ETF by 0.9% during the 2nd quarter. Gentry Private Wealth LLC now owns 57,949 shares of the company’s stock worth $2,104,000 after buying an additional 522 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of First Trust Active Factor Large Cap ETF during the 1st quarter worth $30,000. World Equity Group Inc. raised its stake in shares of First Trust Active Factor Large Cap ETF by 8.0% during the 1st quarter. World Equity Group Inc. now owns 28,354 shares of the company’s stock worth $955,000 after buying an additional 2,093 shares during the last quarter. Synergy Investment Management LLC acquired a new position in shares of First Trust Active Factor Large Cap ETF during the 1st quarter worth $118,000. Finally, Atria Wealth Solutions Inc. increased its position in First Trust Active Factor Large Cap ETF by 22.2% during the 1st quarter. Atria Wealth Solutions Inc. now owns 30,392 shares of the company’s stock worth $1,024,000 after purchasing an additional 5,527 shares in the last quarter.

First Trust Active Factor Large Cap ETF Trading Down 2.4%

First Trust Active Factor Large Cap ETF stock opened at $37.90 on Friday. The stock has a market cap of $413.11 million, a PE ratio of 20.95 and a beta of 0.98. The stock has a 50-day moving average price of $37.99 and a 200 day moving average price of $35.78. First Trust Active Factor Large Cap ETF has a 52 week low of $29.11 and a 52 week high of $39.23.

First Trust Active Factor Large Cap ETF Company 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.