Manchester Financial Inc. Trims Stock Position in First Trust Active Factor Large Cap ETF $AFLG

Manchester Financial Inc. lessened its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 94.8% during the first quarter, HoldingsChannel.com reports. The fund owned 13,072 shares of the company’s stock after selling 240,453 shares during the period. Manchester Financial Inc.’s holdings in First Trust Active Factor Large Cap ETF were worth $504,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AFLG. Advisory Services Network LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF during the 3rd quarter valued at $29,000. Cullen Frost Bankers Inc. raised its position in shares of 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 worth $37,000 after buying an additional 351 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of First Trust Active Factor Large Cap ETF by 205.2% in the fourth 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 raised its position 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 buying an additional 804 shares in the last quarter. Finally, Silver Oak Securities Incorporated bought a new stake in First Trust Active Factor Large Cap ETF during the fourth quarter valued at $173,000.

First Trust Active Factor Large Cap ETF Stock Up 0.7%

First Trust Active Factor Large Cap ETF stock opened at $43.42 on Wednesday. First Trust Active Factor Large Cap ETF has a 52 week low of $35.95 and a 52 week high of $44.24. The business has a 50-day simple moving average of $43.03 and a 200 day simple moving average of $40.93. The stock has a market cap of $625.25 million, a price-to-earnings ratio of 20.95 and a beta of 0.95.

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.