Geneos Wealth Management Inc. Takes Position in First Trust Active Factor Small Cap ETF $AFSM

Geneos Wealth Management Inc. purchased a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 5,875 shares of the company’s stock, valued at approximately $164,000. Geneos Wealth Management Inc. owned 0.51% of First Trust Active Factor Small Cap ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in AFSM. Harbour Investments Inc. purchased a new stake in shares of First Trust Active Factor Small Cap ETF in the 1st quarter valued at approximately $34,000. Moors & Cabot Inc. grew its stake in shares of First Trust Active Factor Small Cap ETF by 101.2% in the 1st quarter. Moors & Cabot Inc. now owns 13,923 shares of the company’s stock valued at $389,000 after buying an additional 7,004 shares during the period. Snowden Capital Advisors LLC grew its stake in shares of First Trust Active Factor Small Cap ETF by 57.2% in the 4th quarter. Snowden Capital Advisors LLC now owns 25,909 shares of the company’s stock valued at $779,000 after buying an additional 9,424 shares during the period. World Equity Group Inc. grew its stake in shares of First Trust Active Factor Small Cap ETF by 16.3% in the 1st quarter. World Equity Group Inc. now owns 30,501 shares of the company’s stock valued at $852,000 after buying an additional 4,272 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of First Trust Active Factor Small Cap ETF by 6.2% in the 1st quarter. Cetera Investment Advisers now owns 60,079 shares of the company’s stock worth $1,679,000 after acquiring an additional 3,505 shares during the last quarter.

First Trust Active Factor Small Cap ETF Stock Performance

Shares of AFSM stock opened at $32.75 on Wednesday. The firm’s 50 day moving average price is $31.24 and its 200-day moving average price is $29.31. First Trust Active Factor Small Cap ETF has a one year low of $24.42 and a one year high of $33.51. The firm has a market cap of $42.58 million, a P/E ratio of 13.11 and a beta of 1.15.

About First Trust Active Factor Small Cap ETF

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.