Spectrum Wealth Advisory Group LLC Acquires 259,849 Shares of First Trust Active Factor Large Cap ETF $AFLG

Spectrum Wealth Advisory Group LLC lifted its holdings in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 1,733.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 274,840 shares of the company’s stock after purchasing an additional 259,849 shares during the quarter. First Trust Active Factor Large Cap ETF comprises about 3.4% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 11th biggest holding. Spectrum Wealth Advisory Group LLC owned about 1.54% of First Trust Active Factor Large Cap ETF worth $12,134,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tucker Asset Management LLC grew its holdings in shares of First Trust Active Factor Large Cap ETF by 6.6% in the third quarter. Tucker Asset Management LLC now owns 8,510 shares of the company’s stock valued at $376,000 after purchasing an additional 527 shares in the last quarter. Signature Equity Partners LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 1,368.0% during the 3rd quarter. Signature Equity Partners LLC now owns 17,690 shares of the company’s stock worth $781,000 after buying an additional 16,485 shares in the last quarter. MGO One Seven LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 35.4% during the 3rd quarter. MGO One Seven LLC now owns 154,662 shares of the company’s stock worth $6,828,000 after buying an additional 40,474 shares in the last quarter. Morey & Quinn Wealth Partners LLC acquired a new stake in First Trust Active Factor Large Cap ETF during the 3rd quarter worth approximately $201,000. Finally, D.A. Davidson & CO. purchased a new position in First Trust Active Factor Large Cap ETF in the 3rd quarter valued at approximately $4,727,000.

First Trust Active Factor Large Cap ETF Stock Down 0.1%

Shares of AFLG stock opened at $44.04 on Wednesday. The firm has a 50 day moving average of $44.74 and a two-hundred day moving average of $42.66. The stock has a market capitalization of $909.43 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 52 week low of $37.40 and a 52 week high of $45.42.

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.