First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Shares Up 0.9%

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) shares rose 0.9% on Monday . The stock traded as high as $28.85 and last traded at $28.66. Approximately 1,009 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 4,374 shares. The stock had previously closed at $28.41.

First Trust Active Factor Small Cap ETF Trading Up 0.9 %

The stock’s 50 day moving average is $28.28 and its 200 day moving average is $26.73. The firm has a market cap of $10.03 million, a price-to-earnings ratio of 9.82 and a beta of 1.14.

Hedge Funds Weigh In On First Trust Active Factor Small Cap ETF

A hedge fund recently bought a new stake in First Trust Active Factor Small Cap ETF stock. Geneos Wealth Management Inc. purchased a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,020 shares of the company’s stock, valued at approximately $165,000. Geneos Wealth Management Inc. owned about 4.01% of First Trust Active Factor Small Cap ETF as of its most recent filing with the Securities and Exchange Commission.

First Trust Active Factor Small Cap ETF Company Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.