First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) Shares Purchased by Smith Moore & CO.

Smith Moore & CO. grew its holdings in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 23.5% during the fourth quarter, Holdings Channel reports. The firm owned 15,076 shares of the company’s stock after acquiring an additional 2,870 shares during the quarter. Smith Moore & CO. owned about 0.06% of First Trust Active Factor Mid Cap ETF worth $476,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. World Equity Group Inc. grew its stake in First Trust Active Factor Mid Cap ETF by 183.3% during the 4th quarter. World Equity Group Inc. now owns 24,058 shares of the company’s stock worth $760,000 after buying an additional 15,567 shares during the last quarter. Prosperity Financial Group Inc. lifted its stake in First Trust Active Factor Mid Cap ETF by 7.5% in the fourth quarter. Prosperity Financial Group Inc. now owns 23,792 shares of the company’s stock valued at $751,000 after buying an additional 1,662 shares during the last quarter. EWG Elevate Inc. bought a new position in shares of First Trust Active Factor Mid Cap ETF during the fourth quarter worth about $683,000. Moors & Cabot Inc. acquired a new stake in shares of First Trust Active Factor Mid Cap ETF in the 4th quarter worth about $396,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of First Trust Active Factor Mid Cap ETF by 42.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,482 shares of the company’s stock worth $78,000 after acquiring an additional 736 shares during the period.

First Trust Active Factor Mid Cap ETF Stock Down 4.5 %

Shares of NYSEARCA:AFMC opened at $27.89 on Friday. The company’s 50-day moving average price is $31.48 and its 200 day moving average price is $32.28. The company has a market cap of $37.65 million, a PE ratio of 15.53 and a beta of 1.04. First Trust Active Factor Mid Cap ETF has a fifty-two week low of $27.79 and a fifty-two week high of $35.09.

First Trust Active Factor Mid Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.0763 per share. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust Active Factor Mid Cap ETF

The First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation. AFMC was launched on Dec 3, 2019 and is managed by First Trust.