First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Short Interest Update

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 7,740 shares, a drop of 74.0% from the August 31st total of 29,757 shares. Based on an average trading volume of 63,593 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of First Trust Active Factor Large Cap ETF

Several hedge funds have recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 6.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 21,736 shares of the company’s stock valued at $944,000 after acquiring an additional 1,303 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust Active Factor Large Cap ETF by 19.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,350,946 shares of the company’s stock worth $58,658,000 after purchasing an additional 222,927 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of First Trust Active Factor Large Cap ETF by 26.0% in the second quarter. Integrated Wealth Concepts LLC now owns 210,923 shares of the company’s stock worth $9,158,000 after buying an additional 43,508 shares during the period. NewEdge Advisors LLC boosted its holdings in First Trust Active Factor Large Cap ETF by 16.3% during the 2nd quarter. NewEdge Advisors LLC now owns 72,272 shares of the company’s stock valued at $3,138,000 after acquiring an additional 10,128 shares during the period. Finally, IFP Advisors Inc increased its stake in First Trust Active Factor Large Cap ETF by 14.9% in the second quarter. IFP Advisors Inc now owns 121,179 shares of the company’s stock worth $5,262,000 after purchasing an additional 15,717 shares during the period.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG stock opened at $44.50 on Friday. The firm has a market capitalization of $772.08 million, a PE ratio of 20.95 and a beta of 0.95. The stock has a fifty day simple moving average of $44.55 and a two-hundred day simple moving average of $42.84. First Trust Active Factor Large Cap ETF has a 52-week low of $37.40 and a 52-week high of $45.42.

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.