Mutual Advisors LLC Makes New $727,000 Investment in First Trust Active Factor Large Cap ETF $AFLG

Mutual Advisors LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,593 shares of the company’s stock, valued at approximately $727,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in First Trust Active Factor Large Cap ETF by 72.8% during the first quarter. Janney Montgomery Scott LLC now owns 41,908 shares of the company’s stock worth $1,412,000 after acquiring an additional 17,657 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in First Trust Active Factor Large Cap ETF by 22.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 49,463 shares of the company’s stock worth $1,666,000 after acquiring an additional 8,940 shares during the last quarter. World Equity Group Inc. increased its stake in First Trust Active Factor Large Cap ETF by 8.0% during the first quarter. World Equity Group Inc. now owns 28,354 shares of the company’s stock worth $955,000 after acquiring an additional 2,093 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in First Trust Active Factor Large Cap ETF by 134.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 132,265 shares of the company’s stock worth $4,456,000 after acquiring an additional 75,858 shares during the last quarter. Finally, ABLE Financial Group LLC bought a new stake in First Trust Active Factor Large Cap ETF during the first quarter worth approximately $242,000.

First Trust Active Factor Large Cap ETF Price Performance

Shares of NYSEARCA AFLG opened at $38.55 on Friday. The business’s 50 day moving average is $38.14 and its two-hundred day moving average is $35.95. First Trust Active Factor Large Cap ETF has a 1-year low of $29.11 and a 1-year high of $39.23. The stock has a market capitalization of $429.83 million, a P/E ratio of 20.95 and a beta of 0.98.

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.