World Equity Group Inc. lifted its position in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM – Free Report) by 177.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,229 shares of the company’s stock after buying an additional 16,784 shares during the period. World Equity Group Inc. owned approximately 7.49% of First Trust Active Factor Small Cap ETF worth $789,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sigma Planning Corp grew its position in shares of First Trust Active Factor Small Cap ETF by 6.6% in the 4th quarter. Sigma Planning Corp now owns 9,646 shares of the company’s stock worth $290,000 after buying an additional 601 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. grew its position in shares of First Trust Active Factor Small Cap ETF by 60.9% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 52,824 shares of the company’s stock worth $1,589,000 after buying an additional 19,997 shares during the last quarter. Finally, Truist Financial Corp purchased a new position in shares of First Trust Active Factor Small Cap ETF in the 4th quarter worth approximately $6,611,000.
First Trust Active Factor Small Cap ETF Stock Down 3.0 %
Shares of First Trust Active Factor Small Cap ETF stock opened at $29.19 on Monday. The firm’s 50 day moving average price is $30.54 and its 200-day moving average price is $30.73. The company has a market cap of $10.22 million, a P/E ratio of 9.82 and a beta of 1.14. First Trust Active Factor Small Cap ETF has a 52-week low of $26.99 and a 52-week high of $33.51.
About First Trust Active Factor Small Cap ETF
The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.
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