Manchester Financial Inc. trimmed its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG – Free Report) by 49.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 253,525 shares of the company’s stock after selling 251,643 shares during the quarter. First Trust Active Factor Large Cap ETF makes up approximately 1.9% of Manchester Financial Inc.’s investment portfolio, making the stock its 16th largest position. Manchester Financial Inc. owned about 2.11% of First Trust Active Factor Large Cap ETF worth $9,913,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in AFLG. LPL Financial LLC increased its position in shares of First Trust Active Factor Large Cap ETF by 14.6% during the fourth quarter. LPL Financial LLC now owns 2,371,161 shares of the company’s stock worth $92,712,000 after purchasing an additional 302,006 shares in the last quarter. Menora Mivtachim Holdings LTD. purchased a new stake in shares of First Trust Active Factor Large Cap ETF during the third quarter worth approximately $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% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 218,570 shares of the company’s stock worth $8,546,000 after purchasing an additional 218,377 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in First Trust Active Factor Large Cap ETF by 411.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 227,591 shares of the company’s stock valued at $8,899,000 after acquiring an additional 183,108 shares in the last quarter. Finally, Prospera Financial Services Inc grew its stake in First Trust Active Factor Large Cap ETF by 59.5% during the 4th quarter. Prospera Financial Services Inc now owns 381,443 shares of the company’s stock valued at $14,914,000 after acquiring an additional 142,354 shares in the last quarter.
First Trust Active Factor Large Cap ETF Trading Up 1.6%
Shares of NYSEARCA AFLG opened at $43.15 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 stock has a market cap of $621.36 million, a PE ratio of 20.95 and a beta of 0.95. The company has a 50-day moving average of $42.23 and a 200 day moving average of $40.57.
About First Trust Active Factor Large Cap ETF
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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