Financial Gravity Asset Management Inc. Sells 15,087 Shares of First Trust Active Factor Large Cap ETF $AFLG

Financial Gravity Asset Management Inc. decreased its holdings in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 86.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,447 shares of the company’s stock after selling 15,087 shares during the period. Financial Gravity Asset Management Inc.’s holdings in First Trust Active Factor Large Cap ETF were worth $96,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Arax Advisory Partners bought a new stake in shares of First Trust Active Factor Large Cap ETF in the 4th quarter valued at $20,422,000. LPL Financial LLC increased its position in shares of First Trust Active Factor Large Cap ETF by 14.6% in the 4th quarter. LPL Financial LLC now owns 2,371,161 shares of the company’s stock valued at $92,712,000 after buying an additional 302,006 shares in the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in shares of First Trust Active Factor Large Cap ETF in the 3rd quarter valued at $9,960,000. Northwestern Mutual Wealth Management Co. increased its position in shares of First Trust Active Factor Large Cap ETF by 113,148.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 218,570 shares of the company’s stock valued at $8,546,000 after buying an additional 218,377 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its position in shares of First Trust Active Factor Large Cap ETF by 411.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 227,591 shares of the company’s stock valued at $8,899,000 after buying an additional 183,108 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Up 0.7%

AFLG opened at $43.45 on Friday. First Trust Active Factor Large Cap ETF has a 12 month low of $35.06 and a 12 month high of $44.24. The company has a fifty day simple moving average of $42.32 and a 200 day simple moving average of $40.59. The stock has a market cap of $625.68 million, a P/E ratio of 20.95 and a beta of 0.95.

First Trust Active Factor Large Cap ETF Company 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.