Kirkwood Financial Services Invests $12.98 Million in First Trust Active Factor Large Cap ETF $AFLG

Kirkwood Financial Services bought a new stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 298,890 shares of the company’s stock, valued at approximately $12,982,000. First Trust Active Factor Large Cap ETF makes up approximately 3.7% of Kirkwood Financial Services’ holdings, making the stock its 10th biggest position.

Several other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in 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 buying an additional 451 shares in the last quarter. Royal Bank of Canada raised its holdings in First Trust Active Factor Large Cap ETF by 192.5% during the first quarter. Royal Bank of Canada now owns 699 shares of the company’s stock valued at $27,000 after acquiring an additional 460 shares during the period. Advisory Services Network LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF in the third quarter valued at about $29,000. Cullen Frost Bankers Inc. lifted its position in shares of First Trust Active Factor Large Cap ETF by 60.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock valued at $37,000 after acquiring an additional 351 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of First Trust Active Factor Large Cap ETF by 205.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock worth $39,000 after acquiring an additional 665 shares during the period.

First Trust Active Factor Large Cap ETF Price Performance

NYSEARCA AFLG opened at $45.04 on Monday. First Trust Active Factor Large Cap ETF has a twelve month low of $37.40 and a twelve month high of $45.42. The business has a 50-day moving average price of $44.22 and a 200-day moving average price of $42.42. The firm has a market cap of $731.90 million, a price-to-earnings 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.