NI Acquisitions Company LLC Acquires New Shares in First Trust Active Factor Large Cap ETF $AFLG

NI Acquisitions Company LLC acquired a new position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 102,956 shares of the company’s stock, valued at approximately $4,819,000. First Trust Active Factor Large Cap ETF accounts for about 1.8% of NI Acquisitions Company LLC’s portfolio, making the stock its 15th biggest holding. NI Acquisitions Company LLC owned approximately 0.63% of First Trust Active Factor Large Cap ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Principal Securities Inc. increased its position in First Trust Active Factor Large Cap ETF by 4.0% during the 4th quarter. Principal Securities Inc. now owns 7,987 shares of the company’s stock valued at $312,000 after purchasing an additional 309 shares during the period. Signature Equity Partners LLC lifted its position in shares of First Trust Active Factor Large Cap ETF by 39.3% in the 1st quarter. Signature Equity Partners LLC now owns 1,181 shares of the company’s stock worth $46,000 after purchasing an additional 333 shares during the period. Cullen Frost Bankers Inc. lifted its position 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 purchasing an additional 351 shares during the period. Great Valley Advisor Group Inc. boosted its stake in shares of First Trust Active Factor Large Cap ETF by 2.2% during the fourth quarter. Great Valley Advisor Group Inc. now owns 18,871 shares of the company’s stock valued at $738,000 after purchasing an additional 409 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Active Factor Large Cap ETF by 0.5% during the second quarter. Concurrent Investment Advisors LLC now owns 91,423 shares of the company’s stock valued at $3,970,000 after purchasing an additional 428 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Down 0.4%

Shares of AFLG stock opened at $45.04 on Friday. The firm has a market cap of $731.90 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. The company’s 50 day moving average is $44.22 and its 200 day moving average is $42.40. First Trust Active Factor Large Cap ETF has a 52-week low of $37.40 and a 52-week high of $45.42.

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.