IFP Advisors Inc Buys 13,279 Shares of First Trust Active Factor Large Cap ETF $AFLG

IFP Advisors Inc grew its stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,271 shares of the company’s stock after purchasing an additional 13,279 shares during the quarter. IFP Advisors Inc owned about 0.70% of First Trust Active Factor Large Cap ETF worth $3,077,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AFLG. World Equity Group Inc. boosted its holdings in shares of First Trust Active Factor Large Cap ETF by 4.2% in the 3rd quarter. World Equity Group Inc. now owns 15,257 shares of the company’s stock valued at $592,000 after buying an additional 616 shares during the last quarter. Rossby Financial LCC increased its holdings in First Trust Active Factor Large Cap ETF by 73.0% during the third quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock worth $61,000 after buying an additional 660 shares during the last quarter. Advisory Services Network LLC bought a new stake in First Trust Active Factor Large Cap ETF during the third quarter worth $29,000. Integrated Wealth Concepts LLC raised its position in First Trust Active Factor Large Cap ETF by 2.6% during the third quarter. Integrated Wealth Concepts LLC now owns 30,430 shares of the company’s stock worth $1,181,000 after acquiring an additional 774 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in First Trust Active Factor Large Cap ETF by 1.2% in the third quarter. D.A. Davidson & CO. now owns 69,120 shares of the company’s stock valued at $2,683,000 after acquiring an additional 853 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

Shares of AFLG opened at $38.21 on Friday. The firm has a 50-day moving average of $40.05 and a 200-day moving average of $39.29. First Trust Active Factor Large Cap ETF has a one year low of $29.11 and a one year high of $41.05. The company has a market cap of $458.52 million, a PE ratio of 20.95 and a beta of 0.96.

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.