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

Gateway Wealth Partners LLC raised its holdings in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 183.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 178,001 shares of the company’s stock after purchasing an additional 115,179 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Active Factor Large Cap ETF were worth $6,866,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in shares of First Trust Active Factor Large Cap ETF by 226.6% in the 1st quarter. International Assets Investment Management LLC now owns 650 shares of the company’s stock worth $25,000 after purchasing an additional 451 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of First Trust Active Factor Large Cap ETF in the 3rd quarter worth approximately $29,000. Cullen Frost Bankers Inc. increased its position in First Trust Active Factor Large Cap ETF by 60.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock valued at $37,000 after buying an additional 351 shares in the last quarter. Smartleaf Asset Management LLC increased its position in First Trust Active Factor Large Cap ETF by 205.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock valued at $39,000 after buying an additional 665 shares in the last quarter. Finally, Signature Equity Partners LLC increased its position in First Trust Active Factor Large Cap ETF by 39.3% during the 1st quarter. Signature Equity Partners LLC now owns 1,181 shares of the company’s stock valued at $46,000 after buying an additional 333 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of NYSEARCA:AFLG opened at $43.46 on Monday. The stock has a fifty day simple moving average of $43.41 and a two-hundred day simple moving average of $41.46. The stock has a market capitalization of $693.19 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 12-month low of $36.23 and a 12-month high of $44.24.

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.