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

NI Acquisitions Company LLC bought a new stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the 2nd quarter, Holdings Channel.com reports. The fund bought 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 holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. raised its holdings in First Trust Active Factor Large Cap ETF by 4.0% in the fourth quarter. Principal Securities Inc. now owns 7,987 shares of the company’s stock worth $312,000 after purchasing an additional 309 shares in the last quarter. Signature Equity Partners LLC boosted its holdings 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 valued at $46,000 after buying an additional 333 shares in the last quarter. Cullen Frost Bankers Inc. boosted 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 valued at $37,000 after buying an additional 351 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in shares of First Trust Active Factor Large Cap ETF by 2.2% in the 4th quarter. Great Valley Advisor Group Inc. now owns 18,871 shares of the company’s stock worth $738,000 after buying an additional 409 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in shares of First Trust Active Factor Large Cap ETF by 0.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 91,423 shares of the company’s stock worth $3,970,000 after buying an additional 428 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Down 0.4%

NYSEARCA AFLG opened at $45.04 on Friday. First Trust Active Factor Large Cap ETF has a 52 week low of $37.40 and a 52 week high of $45.42. The company has a 50 day moving average price of $44.22 and a 200 day moving average price of $42.40. The firm has a market cap of $731.90 million, a PE 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.