Gladstone Institutional Advisory LLC Sells 12,901 Shares of First Trust Active Factor Large Cap ETF $AFLG

Gladstone Institutional Advisory LLC trimmed its stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 9.5% during the third quarter, HoldingsChannel.com reports. The fund owned 123,437 shares of the company’s stock after selling 12,901 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in First Trust Active Factor Large Cap ETF were worth $4,791,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. D.A. Davidson & CO. grew its holdings in shares of First Trust Active Factor Large Cap ETF by 1.2% in the 3rd quarter. D.A. Davidson & CO. now owns 69,120 shares of the company’s stock worth $2,683,000 after purchasing an additional 853 shares during the last quarter. GoalVest Advisory LLC bought a new stake in First Trust Active Factor Large Cap ETF during the 3rd quarter worth approximately $160,000. Boyce & Associates Wealth Consulting Inc. lifted its position in First Trust Active Factor Large Cap ETF by 24.9% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 67,232 shares of the company’s stock worth $2,609,000 after buying an additional 13,419 shares in the last quarter. Global Retirement Partners LLC increased its position in First Trust Active Factor Large Cap ETF by 3.7% in the 3rd quarter. Global Retirement Partners LLC now owns 202,020 shares of the company’s stock valued at $7,840,000 after acquiring an additional 7,263 shares in the last quarter. Finally, HBW Advisory Services LLC raised its stake in shares of First Trust Active Factor Large Cap ETF by 43.4% in the third quarter. HBW Advisory Services LLC now owns 16,978 shares of the company’s stock worth $659,000 after acquiring an additional 5,139 shares during the last quarter.

First Trust Active Factor Large Cap ETF Trading Up 0.6%

Shares of AFLG stock opened at $39.56 on Tuesday. First Trust Active Factor Large Cap ETF has a 1 year low of $29.11 and a 1 year high of $39.84. The firm’s 50 day moving average is $39.11 and its 200-day moving average is $38.10. The firm has a market capitalization of $468.79 million, a price-to-earnings ratio of 20.95 and a beta of 0.96.

About First Trust Active Factor Large Cap ETF

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.