First Trust Active Factor Large Cap ETF $AFLG Shares Sold by Manchester Financial Inc.

Manchester Financial Inc. reduced its stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 49.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 253,525 shares of the company’s stock after selling 251,643 shares during the quarter. First Trust Active Factor Large Cap ETF accounts for 1.9% of Manchester Financial Inc.’s portfolio, making the stock its 16th largest position. Manchester Financial Inc.’s holdings in First Trust Active Factor Large Cap ETF were worth $9,913,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of First Trust Active Factor Large Cap ETF in the 3rd quarter worth approximately $29,000. Cullen Frost Bankers Inc. lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 60.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock worth $37,000 after acquiring an additional 351 shares during the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 160.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock worth $51,000 after acquiring an additional 804 shares during the last quarter. Rossby Financial LCC lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 73.0% in the 3rd quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock worth $61,000 after acquiring an additional 660 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in shares of First Trust Active Factor Large Cap ETF in the 4th quarter worth approximately $173,000.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG stock opened at $43.15 on Friday. The firm’s 50 day moving average price is $42.23 and its 200-day moving average price is $40.57. First Trust Active Factor Large Cap ETF has a one year low of $35.06 and a one year high of $44.24. The firm has a market cap of $621.36 million, a P/E ratio of 20.95 and a beta of 0.95.

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.