Gateway Wealth Partners LLC Boosts Stock Position in First Trust Active Factor Large Cap ETF $AFLG

Gateway Wealth Partners LLC increased its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 183.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,001 shares of the company’s stock after buying an additional 115,179 shares during the quarter. Gateway Wealth Partners LLC owned 1.24% of First Trust Active Factor Large Cap ETF worth $6,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smith Moore & CO. lifted its stake in shares of First Trust Active Factor Large Cap ETF by 0.8% in the 4th quarter. Smith Moore & CO. now owns 33,198 shares of the company’s stock valued at $1,298,000 after acquiring an additional 256 shares during the last quarter. Principal Securities Inc. grew 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 worth $312,000 after acquiring an additional 309 shares during the last quarter. Signature Equity Partners LLC increased its stake in 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. increased its stake in 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. Finally, ABLE Financial Group LLC lifted its position in First Trust Active Factor Large Cap ETF by 7.0% in the fourth quarter. ABLE Financial Group LLC now owns 5,586 shares of the company’s stock valued at $218,000 after purchasing an additional 367 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

NYSEARCA:AFLG opened at $43.46 on Monday. The company has a fifty day moving average of $43.41 and a 200 day moving average of $41.46. First Trust Active Factor Large Cap ETF has a 52 week low of $36.23 and a 52 week high of $44.24. The firm has a market capitalization of $693.19 million, a P/E ratio of 20.95 and a beta of 0.95.

About First Trust Active Factor Large Cap ETF

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.