Janney Montgomery Scott LLC Purchases 39,893 Shares of First Trust Active Factor Large Cap ETF $AFLG

Janney Montgomery Scott LLC grew its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 63.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,855 shares of the company’s stock after acquiring an additional 39,893 shares during the quarter. Janney Montgomery Scott LLC owned 0.72% of First Trust Active Factor Large Cap ETF worth $3,968,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC bought 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. increased its stake in 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 during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of 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 worth $39,000 after buying an additional 665 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 160.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock worth $51,000 after acquiring an additional 804 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in First Trust Active Factor Large Cap ETF in the fourth quarter valued at approximately $173,000.

First Trust Active Factor Large Cap ETF Trading Up 0.1%

AFLG traded up $0.05 on Tuesday, reaching $43.22. The stock had a trading volume of 2,029 shares, compared to its average volume of 83,075. The company has a market capitalization of $656.94 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. The firm has a 50-day moving average of $43.12 and a 200-day moving average of $41.01. First Trust Active Factor Large Cap ETF has a fifty-two week low of $35.95 and a fifty-two week high of $44.24.

First Trust Active Factor Large Cap ETF Company 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.