World Equity Group Inc. Acquires 15,498 Shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG)

World Equity Group Inc. raised its holdings in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 144.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,261 shares of the company’s stock after acquiring an additional 15,498 shares during the period. World Equity Group Inc. owned about 0.18% of First Trust Active Factor Large Cap ETF worth $907,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AFLG. Janney Montgomery Scott LLC purchased a new stake in First Trust Active Factor Large Cap ETF during the 4th quarter valued at about $837,000. Manchester Financial Inc. purchased a new position in First Trust Active Factor Large Cap ETF in the 3rd quarter worth approximately $699,000. Park Avenue Securities LLC bought a new stake in First Trust Active Factor Large Cap ETF in the fourth quarter valued at approximately $927,000. Boyce & Associates Wealth Consulting Inc. boosted its stake in shares of First Trust Active Factor Large Cap ETF by 63.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 37,449 shares of the company’s stock valued at $1,293,000 after purchasing an additional 14,603 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of First Trust Active Factor Large Cap ETF in the fourth quarter worth approximately $560,000.

First Trust Active Factor Large Cap ETF Stock Down 1.7 %

Shares of AFLG opened at $35.47 on Friday. The stock has a market capitalization of $5.32 million, a P/E ratio of 18.40 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a twelve month low of $29.11 and a twelve month high of $36.53. The firm has a fifty day simple moving average of $35.31 and a two-hundred day simple moving average of $34.51.

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.