Farther Finance Advisors LLC Makes New $60,000 Investment in First Trust Active Factor Small Cap ETF $AFSM

Farther Finance Advisors LLC purchased a new position in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,000 shares of the company’s stock, valued at approximately $60,000. Farther Finance Advisors LLC owned about 0.16% of First Trust Active Factor Small Cap ETF as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in First Trust Active Factor Small Cap ETF by 12.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 248,780 shares of the company’s stock worth $6,953,000 after acquiring an additional 28,116 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Active Factor Small Cap ETF by 6.2% during the 1st quarter. Cetera Investment Advisers now owns 60,079 shares of the company’s stock valued at $1,679,000 after purchasing an additional 3,505 shares in the last quarter. Harbour Investments Inc. bought a new stake in shares of First Trust Active Factor Small Cap ETF during the 1st quarter valued at about $34,000. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Active Factor Small Cap ETF during the 1st quarter valued at about $164,000. Finally, World Equity Group Inc. boosted its stake in shares of First Trust Active Factor Small Cap ETF by 16.3% during the 1st quarter. World Equity Group Inc. now owns 30,501 shares of the company’s stock valued at $852,000 after purchasing an additional 4,272 shares in the last quarter.

First Trust Active Factor Small Cap ETF Trading Up 0.2%

Shares of AFSM opened at $32.65 on Monday. The firm’s 50-day moving average price is $31.91 and its 200-day moving average price is $29.78. The firm has a market capitalization of $47.34 million, a price-to-earnings ratio of 13.11 and a beta of 1.15. First Trust Active Factor Small Cap ETF has a 1-year low of $24.42 and a 1-year high of $33.52.

First Trust Active Factor Small Cap ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.0198 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%.

First Trust Active Factor Small Cap ETF 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.