41,540 Shares in First Trust Active Factor Large Cap ETF $AFLG Purchased by Independent Financial Group LLC

Independent Financial Group LLC purchased a new stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 41,540 shares of the company’s stock, valued at approximately $1,602,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AFLG. Assetmark Inc. grew its holdings in First Trust Active Factor Large Cap ETF by 4.3% in the 4th quarter. Assetmark Inc. now owns 307,494 shares of the company’s stock worth $12,023,000 after buying an additional 12,768 shares in the last quarter. Ignite Planners LLC bought a new stake in First Trust Active Factor Large Cap ETF during the 4th quarter valued at $553,000. Prospera Financial Services Inc boosted its position in First Trust Active Factor Large Cap ETF by 59.5% during the 4th quarter. Prospera Financial Services Inc now owns 381,443 shares of the company’s stock worth $14,914,000 after acquiring an additional 142,354 shares during the period. MGO One Seven LLC acquired a new position in First Trust Active Factor Large Cap ETF during the 4th quarter worth $3,419,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of First Trust Active Factor Large Cap ETF by 113,148.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 218,570 shares of the company’s stock worth $8,546,000 after purchasing an additional 218,377 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG opened at $43.51 on Monday. The firm has a market capitalization of $687.46 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a one year low of $36.23 and a one year high of $44.24. The stock’s fifty day moving average is $43.36 and its 200-day moving average is $41.31.

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.