First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) Stock Price Down 0.2% – Time to Sell?

First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM)’s stock price traded down 0.2% during trading on Monday. The company traded as low as $91.10 and last traded at $91.75. Approximately 2,668 shares traded hands during trading, a decline of 40% from the average daily volume of 4,461 shares. The stock had previously closed at $91.91.

First Trust Active Factor Emerging Markets ETF Stock Up 1.2%

The stock has a fifty day moving average price of $97.93 and a two-hundred day moving average price of $91.76. The company has a market capitalization of $79.87 million, a price-to-earnings ratio of 12.49 and a beta of 0.79.

Institutional Investors Weigh In On First Trust Active Factor Emerging Markets ETF

Several hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC raised its position in shares of First Trust Active Factor Emerging Markets ETF by 27.3% in the 1st quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock worth $70,000 after buying an additional 183 shares during the period. GAMMA Investing LLC increased its stake in First Trust Active Factor Emerging Markets ETF by 67.2% during the third quarter. GAMMA Investing LLC now owns 3,160 shares of the company’s stock worth $310,000 after acquiring an additional 1,270 shares during the last quarter. Cetera Investment Advisers increased its stake in First Trust Active Factor Emerging Markets ETF by 6.1% during the first quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock worth $2,346,000 after acquiring an additional 1,645 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of First Trust Active Factor Emerging Markets ETF by 56.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,648 shares of the company’s stock worth $945,000 after purchasing an additional 3,495 shares during the period. Finally, Ferguson Shapiro LLC raised its holdings in shares of First Trust Active Factor Emerging Markets ETF by 126.6% in the 1st quarter. Ferguson Shapiro LLC now owns 217,818 shares of the company’s stock worth $17,895,000 after purchasing an additional 121,708 shares during the period.

About First Trust Active Factor Emerging Markets ETF

First Trust Active Factor Emerging Markets ETF (NASDAQ: AFEM) is an exchange-traded fund managed by First Trust Advisors L.P. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in emerging-market countries.

AFEM uses an actively managed, factor-based investment approach to evaluate potential investments across emerging markets. Its portfolio may emphasize companies displaying characteristics such as attractive valuation, strong momentum, favorable quality measures or other factors identified through the fund’s investment process.