First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM – Get Free Report)’s stock price was down 0.2% during mid-day trading on Monday. The company traded as low as $91.10 and last traded at $91.75. 2,668 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 4,461 shares. The stock had previously closed at $91.91.
First Trust Active Factor Emerging Markets ETF Stock Down 0.2%
The company has a fifty day moving average of $98.15 and a two-hundred day moving average of $91.65. The stock has a market capitalization of $77.99 million, a price-to-earnings ratio of 12.49 and a beta of 0.79.
Institutional Trading of First Trust Active Factor Emerging Markets ETF
Hedge funds have recently modified their holdings of the business. Ferguson Shapiro LLC grew its stake in shares of First Trust Active Factor Emerging Markets ETF by 126.6% during the 1st quarter. Ferguson Shapiro LLC now owns 217,818 shares of the company’s stock worth $17,895,000 after purchasing an additional 121,708 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of First Trust Active Factor Emerging Markets ETF by 56.8% in the third quarter. Farther Finance Advisors LLC now owns 9,648 shares of the company’s stock worth $945,000 after acquiring an additional 3,495 shares during the last quarter. GAMMA Investing LLC lifted its holdings in First Trust Active Factor Emerging Markets ETF by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 3,160 shares of the company’s stock valued at $310,000 after purchasing an additional 1,270 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Active Factor Emerging Markets ETF by 6.1% during the first quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock worth $2,346,000 after buying an additional 1,645 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of First Trust Active Factor Emerging Markets ETF by 27.3% during the first quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock worth $70,000 after buying an additional 183 shares in the last quarter.
First Trust Active Factor Emerging Markets ETF Company Profile
First Trust Active Factor Emerging Markets ETF (NASDAQ: AFEM) is an exchange-traded fund managed by First Trust Advisors L.P. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in emerging-market countries.
AFEM uses an actively managed, factor-based investment approach to evaluate potential investments across emerging markets. Its portfolio may emphasize companies displaying characteristics such as attractive valuation, strong momentum, favorable quality measures or other factors identified through the fund’s investment process.
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