Northwestern Mutual Wealth Management Co. Buys 218,377 Shares of First Trust Active Factor Large Cap ETF $AFLG

Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 113,148.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,570 shares of the company’s stock after acquiring an additional 218,377 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.82% of First Trust Active Factor Large Cap ETF worth $8,546,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AFLG. Advisory Services Network LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF during the 3rd quarter worth $29,000. Capital Investment Advisory Services LLC grew its holdings in First Trust Active Factor Large Cap ETF by 160.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock valued at $51,000 after buying an additional 804 shares in the last quarter. Rossby Financial LCC grew its holdings in First Trust Active Factor Large Cap ETF by 73.0% during the 3rd quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after buying an additional 660 shares in the last quarter. Silver Oak Securities Incorporated purchased a new position in First Trust Active Factor Large Cap ETF during the 4th quarter valued at about $173,000. Finally, IHT Wealth Management LLC purchased a new position in First Trust Active Factor Large Cap ETF during the 2nd quarter valued at about $200,000.

First Trust Active Factor Large Cap ETF Trading Up 0.6%

Shares of NYSEARCA AFLG opened at $43.54 on Friday. First Trust Active Factor Large Cap ETF has a 12 month low of $34.32 and a 12 month high of $43.63. The firm has a market capitalization of $626.98 million, a price-to-earnings ratio of 20.95 and a beta of 0.96. The business has a 50-day moving average of $40.86 and a 200-day moving average of $40.07.

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.