Envestnet Portfolio Solutions Inc. Sells 33,744 Shares of First Trust Active Factor Large Cap ETF $AFLG

Envestnet Portfolio Solutions Inc. decreased its holdings in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 68.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,719 shares of the company’s stock after selling 33,744 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.17% of First Trust Active Factor Large Cap ETF worth $571,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Active Factor Large Cap ETF by 5.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 7,255 shares of the company’s stock worth $263,000 after purchasing an additional 358 shares in the last quarter. Gentry Private Wealth LLC increased its holdings in shares of First Trust Active Factor Large Cap ETF by 0.9% in the 2nd quarter. Gentry Private Wealth LLC now owns 57,949 shares of the company’s stock worth $2,104,000 after purchasing an additional 522 shares in the last quarter. Rossby Financial LCC bought a new stake in shares of First Trust Active Factor Large Cap ETF in the 1st quarter worth $30,000. Apollon Wealth Management LLC increased its holdings in shares of First Trust Active Factor Large Cap ETF by 35.9% in the 2nd quarter. Apollon Wealth Management LLC now owns 9,029 shares of the company’s stock worth $328,000 after purchasing an additional 2,383 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF in the 1st quarter worth $118,000.

First Trust Active Factor Large Cap ETF Trading Up 0.0%

First Trust Active Factor Large Cap ETF stock opened at $38.88 on Wednesday. The firm has a market cap of $433.51 million, a price-to-earnings ratio of 20.95 and a beta of 0.98. The stock has a fifty day simple moving average of $38.20 and a two-hundred day simple moving average of $36.05. First Trust Active Factor Large Cap ETF has a 12 month low of $29.11 and a 12 month high of $39.23.

First Trust Active Factor Large Cap ETF Company 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.