First Trust Active Factor Large Cap ETF $AFLG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 724,835 shares of the company’s stock after purchasing an additional 32,157 shares during the quarter. Envestnet Asset Management Inc. owned approximately 7.47% of First Trust Active Factor Large Cap ETF worth $26,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AFLG. Synergy Investment Management LLC acquired a new position in First Trust Active Factor Large Cap ETF in the 1st quarter valued at $118,000. Founders Financial Alliance LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF in the 1st quarter valued at $198,000. Apollon Wealth Management LLC acquired a new position in shares of First Trust Active Factor Large Cap ETF during the first quarter worth about $224,000. Concurrent Investment Advisors LLC boosted its holdings in 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 acquiring an additional 358 shares during the period. Finally, Sigma Planning Corp acquired a new position in First Trust Active Factor Large Cap ETF in the 1st quarter worth $381,000.

First Trust Active Factor Large Cap ETF Price Performance

AFLG stock opened at $39.09 on Tuesday. The company has a market capitalization of $439.76 million, a PE ratio of 20.95 and a beta of 0.96. First Trust Active Factor Large Cap ETF has a 52-week low of $29.11 and a 52-week high of $39.60. The stock’s 50 day moving average is $38.50 and its two-hundred day moving average is $36.60.

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.