Manchester Financial Inc. increased its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG – Free Report) by 323.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,888 shares of the company’s stock after buying an additional 66,390 shares during the quarter. First Trust Active Factor Large Cap ETF accounts for 0.7% of Manchester Financial Inc.’s portfolio, making the stock its 25th largest position. Manchester Financial Inc. owned about 57.92% of First Trust Active Factor Large Cap ETF worth $3,000,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF in the 4th quarter worth approximately $927,000. Janney Montgomery Scott LLC purchased a new position in First Trust Active Factor Large Cap ETF in the 4th quarter worth $837,000. Boyce & Associates Wealth Consulting Inc. lifted its stake in First Trust Active Factor Large Cap ETF by 63.9% in the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 37,449 shares of the company’s stock worth $1,293,000 after purchasing an additional 14,603 shares during the last quarter. Finally, World Equity Group Inc. purchased a new stake in First Trust Active Factor Large Cap ETF during the third quarter valued at about $367,000.
First Trust Active Factor Large Cap ETF Trading Up 1.2 %
Shares of NYSEARCA:AFLG opened at $35.97 on Friday. First Trust Active Factor Large Cap ETF has a 12-month low of $28.68 and a 12-month high of $36.53. The stock’s 50-day moving average price is $35.30 and its 200-day moving average price is $34.29. The stock has a market capitalization of $5.40 million, a P/E ratio of 18.40 and a beta of 0.95.
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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