Beacon Financial Advisory LLC Decreases Holdings in First Trust Active Factor Small Cap ETF $AFSM

Beacon Financial Advisory LLC trimmed its holdings in shares of First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 25.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,479 shares of the company’s stock after selling 25,966 shares during the period. First Trust Active Factor Small Cap ETF accounts for about 0.6% of Beacon Financial Advisory LLC’s holdings, making the stock its 29th largest holding. Beacon Financial Advisory LLC owned about 5.88% of First Trust Active Factor Small Cap ETF worth $2,285,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in First Trust Active Factor Small Cap ETF by 12.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 248,780 shares of the company’s stock worth $6,953,000 after buying an additional 28,116 shares during the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Active Factor Small Cap ETF by 6.2% during the 1st quarter. Cetera Investment Advisers now owns 60,079 shares of the company’s stock worth $1,679,000 after buying an additional 3,505 shares during the last quarter. Harbour Investments Inc. purchased a new stake in First Trust Active Factor Small Cap ETF during the 1st quarter worth about $34,000. Geneos Wealth Management Inc. purchased a new stake in First Trust Active Factor Small Cap ETF during the 1st quarter worth about $164,000. Finally, World Equity Group Inc. lifted its holdings in First Trust Active Factor Small Cap ETF by 16.3% during the 1st quarter. World Equity Group Inc. now owns 30,501 shares of the company’s stock worth $852,000 after buying an additional 4,272 shares during the last quarter.

First Trust Active Factor Small Cap ETF Price Performance

Shares of NYSEARCA AFSM opened at $32.65 on Friday. The company has a market capitalization of $47.34 million, a price-to-earnings ratio of 13.11 and a beta of 1.15. The business has a 50-day moving average of $31.91 and a two-hundred day moving average of $29.77. First Trust Active Factor Small Cap ETF has a 1 year low of $24.42 and a 1 year high of $33.52.

First Trust Active Factor Small Cap ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.0198 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust Active Factor Small Cap ETF Company Profile

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.