Principal Securities Inc. Acquires New Position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG)

Principal Securities Inc. bought a new stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,418 shares of the company’s stock, valued at approximately $153,000. Principal Securities Inc. owned approximately 2.95% of First Trust Active Factor Large Cap ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. World Equity Group Inc. acquired a new position in First Trust Active Factor Large Cap ETF during the third quarter worth about $367,000. Janney Montgomery Scott LLC bought a new position in First Trust Active Factor Large Cap ETF in the 4th quarter valued at approximately $837,000. Park Avenue Securities LLC acquired a new stake in First Trust Active Factor Large Cap ETF in the fourth quarter valued at approximately $927,000. Boyce & Associates Wealth Consulting Inc. grew its stake in shares of First Trust Active Factor Large Cap ETF by 63.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 37,449 shares of the company’s stock worth $1,293,000 after buying an additional 14,603 shares during the last quarter. Finally, Manchester Financial Inc. increased its holdings in shares of First Trust Active Factor Large Cap ETF by 323.9% during the fourth quarter. Manchester Financial Inc. now owns 86,888 shares of the company’s stock worth $3,000,000 after buying an additional 66,390 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Down 0.3 %

NYSEARCA AFLG opened at $35.38 on Tuesday. The company has a market cap of $5.31 million, a price-to-earnings ratio of 18.40 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a twelve month low of $29.11 and a twelve month high of $36.53. The business’s fifty day moving average is $35.31 and its 200 day moving average is $34.56.

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.