First Trust Active Factor Large Cap ETF $AFLG Shares Sold by Iams Wealth Management LLC

Iams Wealth Management LLC decreased its stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 13.1% in the third quarter, Holdings Channel.com reports. The firm owned 79,090 shares of the company’s stock after selling 11,951 shares during the period. First Trust Active Factor Large Cap ETF comprises about 1.0% of Iams Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Iams Wealth Management LLC’s holdings in First Trust Active Factor Large Cap ETF were worth $3,492,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AFLG. International Assets Investment Management LLC increased its position in shares of First Trust Active Factor Large Cap ETF by 226.6% during the 1st quarter. International Assets Investment Management LLC now owns 650 shares of the company’s stock valued at $25,000 after purchasing an additional 451 shares during the last quarter. Royal Bank of Canada raised its holdings in First Trust Active Factor Large Cap ETF by 192.5% during the 1st quarter. Royal Bank of Canada now owns 699 shares of the company’s stock valued at $27,000 after buying an additional 460 shares during the period. Signature Equity Partners LLC raised its holdings in First Trust Active Factor Large Cap ETF by 39.3% during the 1st quarter. Signature Equity Partners LLC now owns 1,181 shares of the company’s stock valued at $46,000 after buying an additional 333 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Active Factor Large Cap ETF in the third quarter worth $114,000. Finally, Western Wealth Management LLC bought a new stake in First Trust Active Factor Large Cap ETF in the first quarter worth $205,000.

First Trust Active Factor Large Cap ETF Stock Up 0.4%

NYSEARCA AFLG opened at $45.18 on Friday. The company has a fifty day moving average of $44.80 and a two-hundred day moving average of $43.45. The firm has a market capitalization of $799.69 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 52 week low of $37.40 and a 52 week high of $45.42.

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.