Arax Advisory Partners Buys New Shares in First Trust Active Factor Large Cap ETF $AFLG

Arax Advisory Partners bought a new stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 522,313 shares of the company’s stock, valued at approximately $20,422,000.

Several other large investors have also recently bought and sold shares of AFLG. Advisory Services Network LLC acquired a new position in First Trust Active Factor Large Cap ETF during the 3rd quarter valued at $29,000. Cullen Frost Bankers Inc. raised its stake 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 purchasing an additional 351 shares during the last quarter. Smartleaf Asset Management LLC raised its stake 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 purchasing an additional 665 shares during the last quarter. Capital Investment Advisory Services LLC raised its stake in First Trust Active Factor Large Cap ETF by 160.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock valued at $51,000 after purchasing an additional 804 shares during the last quarter. Finally, Rossby Financial LCC raised its stake in First Trust Active Factor Large Cap ETF by 73.0% during the 3rd quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after purchasing an additional 660 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

NYSEARCA:AFLG opened at $43.45 on Friday. The stock has a market cap of $625.68 million, a P/E ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a one year low of $35.06 and a one year high of $44.24. The company has a fifty day moving average price of $42.32 and a 200 day moving average price of $40.59.

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.