Spectrum Wealth Advisory Group LLC grew its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG – Free Report) by 1,733.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 274,840 shares of the company’s stock after buying an additional 259,849 shares during the quarter. First Trust Active Factor Large Cap ETF makes up approximately 3.4% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 11th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in First Trust Active Factor Large Cap ETF were worth $12,134,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in AFLG. Envestnet Asset Management Inc. grew its stake in First Trust Active Factor Large Cap ETF by 19.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,350,946 shares of the company’s stock worth $58,658,000 after buying an additional 222,927 shares during the last quarter. Stenger Family Office LLC purchased a new stake in First Trust Active Factor Large Cap ETF in the 1st quarter valued at $16,238,000. Assetmark Inc. boosted its stake in First Trust Active Factor Large Cap ETF by 33.9% during the 1st quarter. Assetmark Inc. now owns 411,708 shares of the company’s stock worth $15,882,000 after purchasing an additional 104,214 shares during the period. Cetera Investment Advisers increased its stake in First Trust Active Factor Large Cap ETF by 28.5% in the first quarter. Cetera Investment Advisers now owns 385,153 shares of the company’s stock valued at $14,857,000 after purchasing an additional 85,324 shares during the period. Finally, Kirkwood Financial Services acquired a new position in First Trust Active Factor Large Cap ETF in the second quarter valued at $12,982,000.
First Trust Active Factor Large Cap ETF Stock Down 0.1%
AFLG opened at $44.04 on Wednesday. The business has a 50 day moving average price of $44.74 and a two-hundred day moving average price of $42.66. The company has a market cap of $909.43 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 52 week low of $37.40 and a 52 week high of $45.42.
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.
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Want to see what other hedge funds are holding AFLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG – Free Report).
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