First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM – Get Free Report) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 19,161 shares, a growth of 76.6% from the June 15th total of 10,847 shares. Based on an average trading volume of 20,643 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors acquired a new stake in First Trust Active Factor Small Cap ETF during the 4th quarter worth approximately $206,000. RFG Advisory LLC acquired a new position in First Trust Active Factor Small Cap ETF in the 1st quarter valued at approximately $226,000. Wedbush Securities Inc. bought a new position in shares of First Trust Active Factor Small Cap ETF during the fourth quarter valued at $230,000. Kestra Private Wealth Services LLC raised its stake in shares of First Trust Active Factor Small Cap ETF by 14.9% during the third quarter. Kestra Private Wealth Services LLC now owns 9,136 shares of the company’s stock valued at $299,000 after acquiring an additional 1,184 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. lifted its holdings in shares of First Trust Active Factor Small Cap ETF by 14.6% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 9,366 shares of the company’s stock worth $308,000 after purchasing an additional 1,192 shares during the period.
First Trust Active Factor Small Cap ETF Stock Down 0.2%
Shares of AFSM opened at $40.00 on Friday. First Trust Active Factor Small Cap ETF has a 12-month low of $29.49 and a 12-month high of $41.28. The business has a 50-day simple moving average of $38.86 and a two-hundred day simple moving average of $35.96. The stock has a market cap of $112 million, a PE ratio of 13.11 and a beta of 1.02.
About First Trust Active Factor Small Cap ETF
The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.
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