Koshinski Asset Management Inc. Boosts Position in First Trust Active Factor Large Cap ETF $AFLG

Koshinski Asset Management Inc. boosted its stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 98.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,883 shares of the company’s stock after purchasing an additional 17,788 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Active Factor Large Cap ETF were worth $1,403,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in First Trust Active Factor Large Cap ETF during the 3rd quarter valued at about $29,000. Capital Investment Advisory Services LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 160.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock valued at $51,000 after buying an additional 804 shares in the last quarter. Rossby Financial LCC lifted its holdings in First Trust Active Factor Large Cap ETF by 73.0% during the 3rd quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after buying an additional 660 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in First Trust Active Factor Large Cap ETF during the 4th quarter valued at about $173,000. Finally, IHT Wealth Management LLC bought a new stake in First Trust Active Factor Large Cap ETF during the 2nd quarter valued at about $200,000.

First Trust Active Factor Large Cap ETF Price Performance

Shares of AFLG opened at $43.07 on Friday. First Trust Active Factor Large Cap ETF has a 1-year low of $33.69 and a 1-year high of $43.15. The company has a 50-day moving average of $40.19 and a 200 day moving average of $39.76. The firm has a market capitalization of $620.21 million, a price-to-earnings 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.