Cwm LLC Takes Position in First Trust Active Factor Small Cap ETF $AFSM

Cwm LLC bought a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 103,808 shares of the company’s stock, valued at approximately $3,102,000. Cwm LLC owned about 0.08% of First Trust Active Factor Small Cap ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Harbour Investments Inc. acquired a new position in shares of First Trust Active Factor Small Cap ETF during the first quarter worth about $34,000. Farther Finance Advisors LLC acquired a new position in shares of First Trust Active Factor Small Cap ETF during the second quarter worth about $60,000. Cetera Investment Advisers increased its stake in shares of First Trust Active Factor Small Cap ETF by 6.2% during the first quarter. Cetera Investment Advisers now owns 60,079 shares of the company’s stock worth $1,679,000 after acquiring an additional 3,505 shares during the period. World Equity Group Inc. increased its stake in shares of First Trust Active Factor Small Cap ETF by 16.3% during the first quarter. World Equity Group Inc. now owns 30,501 shares of the company’s stock worth $852,000 after acquiring an additional 4,272 shares during the period. Finally, Federation des caisses Desjardins du Quebec increased its stake in shares of First Trust Active Factor Small Cap ETF by 4.4% during the first quarter. Federation des caisses Desjardins du Quebec now owns 117,177 shares of the company’s stock worth $3,275,000 after acquiring an additional 4,990 shares during the period.

First Trust Active Factor Small Cap ETF Stock Down 0.2%

Shares of First Trust Active Factor Small Cap ETF stock opened at $31.70 on Friday. First Trust Active Factor Small Cap ETF has a 52-week low of $24.42 and a 52-week high of $33.52. The company’s 50-day simple moving average is $32.27 and its 200-day simple moving average is $30.02. The firm has a market cap of $47.55 million, a price-to-earnings ratio of 13.11 and a beta of 1.15.

First Trust Active Factor Small Cap ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.0198 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, September 25th.

First Trust Active Factor Small Cap ETF Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.