Northwestern Mutual Wealth Management Co. Purchases 218,377 Shares of First Trust Active Factor Large Cap ETF $AFLG

Northwestern Mutual Wealth Management Co. increased its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 113,148.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 218,570 shares of the company’s stock after buying an additional 218,377 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Active Factor Large Cap ETF were worth $8,546,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AFLG. Menora Mivtachim Holdings LTD. bought a new stake in First Trust Active Factor Large Cap ETF in the third quarter valued at approximately $9,960,000. Prospera Financial Services Inc increased its stake in shares of First Trust Active Factor Large Cap ETF by 194.2% during the third quarter. Prospera Financial Services Inc now owns 239,089 shares of the company’s stock valued at $9,279,000 after buying an additional 157,831 shares during the period. Jane Street Group LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF during the second quarter valued at approximately $3,627,000. MGO One Seven LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF during the fourth quarter valued at approximately $3,419,000. Finally, Maridea Wealth Management LLC increased its stake in shares of First Trust Active Factor Large Cap ETF by 501.7% during the fourth quarter. Maridea Wealth Management LLC now owns 99,334 shares of the company’s stock valued at $3,884,000 after buying an additional 82,826 shares during the period.

First Trust Active Factor Large Cap ETF Stock Performance

AFLG opened at $43.54 on Friday. First Trust Active Factor Large Cap ETF has a 52-week low of $34.32 and a 52-week high of $43.63. The stock has a market capitalization of $626.98 million, a PE ratio of 20.95 and a beta of 0.96. The stock’s 50 day moving average price is $40.86 and its 200-day moving average price is $40.07.

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.