First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) Stock Falls 0.2% – Here’s What Happened

First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM)’s stock price fell 0.2% on Monday. The stock traded as low as $91.10 and last traded at $91.75. 2,668 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 4,461 shares. The stock had previously closed at $91.91.

First Trust Active Factor Emerging Markets ETF Stock Performance

The firm has a 50-day moving average price of $98.15 and a two-hundred day moving average price of $91.65. The firm has a market cap of $77.99 million, a price-to-earnings ratio of 12.49 and a beta of 0.79.

Institutional Trading of First Trust Active Factor Emerging Markets ETF

A number of large investors have recently made changes to their positions in AFEM. International Assets Investment Management LLC increased its holdings in shares of First Trust Active Factor Emerging Markets ETF by 27.3% in the 1st quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock valued at $70,000 after acquiring an additional 183 shares during the period. GAMMA Investing LLC grew its position in First Trust Active Factor Emerging Markets ETF by 67.2% during the 3rd quarter. GAMMA Investing LLC now owns 3,160 shares of the company’s stock worth $310,000 after purchasing an additional 1,270 shares during the last quarter. Farther Finance Advisors LLC increased its stake in First Trust Active Factor Emerging Markets ETF by 56.8% in the third quarter. Farther Finance Advisors LLC now owns 9,648 shares of the company’s stock valued at $945,000 after purchasing an additional 3,495 shares during the period. Cetera Investment Advisers raised its holdings in shares of First Trust Active Factor Emerging Markets ETF by 6.1% in the first quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock valued at $2,346,000 after buying an additional 1,645 shares during the last quarter. Finally, Ferguson Shapiro LLC raised its holdings in shares of First Trust Active Factor Emerging Markets ETF by 126.6% in the first quarter. Ferguson Shapiro LLC now owns 217,818 shares of the company’s stock valued at $17,895,000 after buying an additional 121,708 shares during the last quarter.

About First Trust Active Factor Emerging Markets ETF

First Trust Active Factor Emerging Markets ETF (NASDAQ: AFEM) is an exchange-traded fund managed by First Trust Advisors L.P. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in emerging-market countries.

AFEM uses an actively managed, factor-based investment approach to evaluate potential investments across emerging markets. Its portfolio may emphasize companies displaying characteristics such as attractive valuation, strong momentum, favorable quality measures or other factors identified through the fund’s investment process.