Wealth Watch Advisors INC Increases Holdings in First Trust Active Factor Large Cap ETF $AFLG

Wealth Watch Advisors INC raised its stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 16.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,011 shares of the company’s stock after buying an additional 2,551 shares during the quarter. Wealth Watch Advisors INC’s holdings in First Trust Active Factor Large Cap ETF were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC grew its holdings in shares of First Trust Active Factor Large Cap ETF by 1,043.3% in the first quarter. LPL Financial LLC now owns 935,188 shares of the company’s stock worth $31,506,000 after acquiring an additional 853,388 shares during the period. Envestnet Asset Management Inc. lifted its position in First Trust Active Factor Large Cap ETF by 41.0% during the first quarter. Envestnet Asset Management Inc. now owns 692,678 shares of the company’s stock valued at $23,336,000 after purchasing an additional 201,302 shares in the last quarter. Manchester Financial Inc. lifted its position in shares of First Trust Active Factor Large Cap ETF by 92.7% in the second quarter. Manchester Financial Inc. now owns 392,758 shares of the company’s stock valued at $14,261,000 after acquiring an additional 188,987 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF in the first quarter valued at about $4,612,000. Finally, Cetera Investment Advisers lifted its position in shares of First Trust Active Factor Large Cap ETF by 63.3% in the first quarter. Cetera Investment Advisers now owns 214,460 shares of the company’s stock valued at $7,225,000 after acquiring an additional 83,099 shares in the last quarter.

First Trust Active Factor Large Cap ETF Stock Up 0.8%

Shares of First Trust Active Factor Large Cap ETF stock opened at $39.15 on Monday. The company has a market capitalization of $436.52 million, a price-to-earnings ratio of 20.95 and a beta of 0.98. First Trust Active Factor Large Cap ETF has a 52 week low of $29.11 and a 52 week high of $39.23. The stock’s 50-day simple moving average is $38.28 and its 200-day simple moving average is $36.26.

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.