Menora Mivtachim Holdings LTD. Invests $9.96 Million in First Trust Active Factor Large Cap ETF $AFLG

Menora Mivtachim Holdings LTD. acquired a new stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 256,633 shares of the company’s stock, valued at approximately $9,960,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Active Factor Large Cap ETF by 2.9% in the third quarter. Envestnet Asset Management Inc. now owns 746,048 shares of the company’s stock valued at $28,954,000 after acquiring an additional 21,213 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in First Trust Active Factor Large Cap ETF by 404.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 36,625 shares of the company’s stock worth $1,421,000 after acquiring an additional 29,370 shares in the last quarter. Smith Moore & CO. increased its position in First Trust Active Factor Large Cap ETF by 16.2% during the 2nd quarter. Smith Moore & CO. now owns 29,060 shares of the company’s stock valued at $1,055,000 after purchasing an additional 4,060 shares during the period. Boyce & Associates Wealth Consulting Inc. increased 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 valued at $2,609,000 after purchasing an additional 13,419 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust Active Factor Large Cap ETF by 41.1% in the 2nd quarter. Cetera Investment Advisers now owns 302,560 shares of the company’s stock valued at $10,986,000 after purchasing an additional 88,100 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG opened at $39.14 on Friday. The company has a 50 day moving average price of $40.15 and a 200-day moving average price of $39.24. First Trust Active Factor Large Cap ETF has a fifty-two week low of $29.11 and a fifty-two week high of $41.05. The stock has a market capitalization of $469.68 million, a PE 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.