6,943 Shares in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC bought a new position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 6,943 shares of the company’s stock, valued at approximately $240,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. World Equity Group Inc. acquired a new position in shares of First Trust Active Factor Large Cap ETF during the third quarter worth about $367,000. Boyce & Associates Wealth Consulting Inc. boosted its position in First Trust Active Factor Large Cap ETF by 63.9% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 37,449 shares of the company’s stock worth $1,293,000 after acquiring an additional 14,603 shares during the last quarter. Park Avenue Securities LLC acquired a new position in First Trust Active Factor Large Cap ETF during the 4th quarter worth approximately $927,000. Janney Montgomery Scott LLC bought a new position in shares of First Trust Active Factor Large Cap ETF during the 4th quarter worth approximately $837,000. Finally, Manchester Financial Inc. raised its holdings in shares of First Trust Active Factor Large Cap ETF by 323.9% in the fourth quarter. Manchester Financial Inc. now owns 86,888 shares of the company’s stock valued at $3,000,000 after purchasing an additional 66,390 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

Shares of NYSEARCA:AFLG opened at $35.37 on Wednesday. The company’s 50-day moving average price is $35.31 and its two-hundred day moving average price is $34.59. First Trust Active Factor Large Cap ETF has a one year low of $29.11 and a one year high of $36.53. The stock has a market capitalization of $5.31 million, a PE ratio of 18.40 and a beta of 0.95.

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.