Truist Financial Corp Raises Stake in First Trust Active Factor Large Cap ETF $AFLG

Truist Financial Corp increased its stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 106.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 115,819 shares of the company’s stock after buying an additional 59,741 shares during the quarter. Truist Financial Corp owned 0.97% of First Trust Active Factor Large Cap ETF worth $4,529,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its holdings in First Trust Active Factor Large Cap ETF by 2.9% during the third quarter. Envestnet Asset Management Inc. now owns 746,048 shares of the company’s stock valued at $28,954,000 after purchasing an additional 21,213 shares during the last quarter. Assetmark Inc. lifted its holdings in First Trust Active Factor Large Cap ETF by 4.3% during the fourth quarter. Assetmark Inc. now owns 307,494 shares of the company’s stock valued at $12,023,000 after purchasing an additional 12,768 shares during the last quarter. Menora Mivtachim Holdings LTD. purchased a new stake in First Trust Active Factor Large Cap ETF during the third quarter valued at about $9,960,000. Prospera Financial Services Inc lifted its holdings in First Trust Active Factor Large Cap ETF by 194.2% during the third quarter. Prospera Financial Services Inc now owns 239,089 shares of the company’s stock valued at $9,279,000 after purchasing an additional 157,831 shares during the last quarter. Finally, Kestra Private Wealth Services LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 7.0% during the third quarter. Kestra Private Wealth Services LLC now owns 158,730 shares of the company’s stock valued at $6,160,000 after purchasing an additional 10,379 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

NYSEARCA AFLG opened at $43.07 on Monday. The company has a market cap of $620.21 million, a PE ratio of 20.95 and a beta of 0.96. First Trust Active Factor Large Cap ETF has a 52 week low of $33.69 and a 52 week high of $43.15. The firm’s 50-day simple moving average is $40.19 and its two-hundred day simple moving average is $39.76.

First Trust Active Factor Large Cap ETF Company 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.