Cetera Investment Advisers Buys 85,324 Shares of First Trust Active Factor Large Cap ETF $AFLG

Cetera Investment Advisers lifted its stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 28.5% during the first quarter, Holdings Channel.com reports. The fund owned 385,153 shares of the company’s stock after buying an additional 85,324 shares during the period. Cetera Investment Advisers’ holdings in First Trust Active Factor Large Cap ETF were worth $14,857,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in First Trust Active Factor Large Cap ETF by 226.6% during the first 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. Advisory Services Network LLC bought a new position in First Trust Active Factor Large Cap ETF in the third quarter valued at approximately $29,000. Cullen Frost Bankers Inc. increased its position in shares of First Trust Active Factor Large Cap ETF by 60.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock worth $37,000 after purchasing an additional 351 shares during the last quarter. Smartleaf Asset Management LLC increased its position 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 purchasing an additional 665 shares during the last quarter. Finally, Signature Equity Partners LLC raised its stake in shares of 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 worth $46,000 after purchasing an additional 333 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Up 0.6%

Shares of First Trust Active Factor Large Cap ETF stock opened at $43.76 on Wednesday. The stock has a market cap of $697.97 million, a P/E ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 12-month low of $36.23 and a 12-month high of $44.24. The business’s 50 day moving average is $43.44 and its 200-day moving average is $41.51.

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.